Inflation—Hot and Cold

Professor Wilhelm Koepke, the famous and untiring conscience of the world’s truly liberal economics, deals with the socialist skeleton in many a nation’s closet since the war: inflation

Inflation, either imminent or actual, has once more become the absorbing concern of governments and central banks, and a cause of uneasiness among people in all walks of life. Moreover, the dread of a continuous decrease in the purchasing power of their money has become one of the most influential factors in determining the outlook and decisions of men in economic life.

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Wilhelm Roepke

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Professor Wilhelm Koepke, the famous and untiring conscience of the world’s truly liberal economics, deals with the socialist skeleton in many a nation’s closet since the war: inflation

Inflation, either imminent or actual, has once more become the absorbing concern of governments and central banks, and a cause of uneasiness among people in all walks of life. Moreover, the dread of a continuous decrease in the purchasing power of their money has become one of the most influential factors in determining the outlook and decisions of men in economic life.