Jonathan Newman, Associate Professor of Economics and Mises Fellow joins me to chat:

• Contrasting definitions of inflation
• How did Mises define inflation?
• How did Rothbard define inflation? 
• Where and how does fractional reserve come into it? 
• Cantillon effect and the Mises effect
• Costless production of money

Links:

• Paper: What Is Inflation? Clarifying and Justifying Rothbard’s Definition 
• Twitter: @NewmanJ_R 
• Twitter: @KrisMoustHansen 

Sponsors:

• Swan Bitcoin
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