- Nearly all the commentary emanating from monetary policy makers, economists, and the media is misguided, believing inflation is rising prices and must be addressed accordingly.
- The solution to the inflation problem is not price controls, which are always counterproductive, but to return to a regime of sound money.
- A resolution of the inflation problem requires an understanding of inflation itself. It is an increase in the quantity of the media of exchange, whether it be money, currency, credit, or a combination of any or all of them.
For further details see:
Understanding The Inflation Problem