Why This Fear of Deflation?

Why This Fear of Deflation?
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Commentary

Certain myths survive from a period of trauma. They can be wholly incorrect and yet widely believed by nearly all living experts. The myth keeps moving from generation to generation and becomes doctrine, one which we dare not question for fear of contradicting the settled consensus. It so happens that “everyone knows” something that is entirely incorrect.

Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]