Ludwig von Mises Archives

Ludwig von Mises Audio Archives

Only a few recordings survive of the great economist, and only those after his immigration to the United States.

Ludwig von Mises
Two important questions to be answered: (1) What is inflation? What causes it? What are the effects? Inflation is an increase in the quantity of money available caused by an increased in the production of gold and silver, or an over-issuance of paper money. Prices rise. Purchasing power falls.