Inflation: Causes, Consequences, and Cure

One of the easiest ways for the state to take our money is to inflate away the value of the money we already hold. When governments and central banks work together to create more paper money, the state's friends and allies benefit while everyone else who holds the now-devalued currency suffers. In this new seminar for college and high school students from the Mises Institute, our scholars will help students understand the state's motivation to inflate the currency while examining the many effects of this backdoor method of taxation. From hyperinflation, to disruption of entrepreneurial planning, to income inequality and to wealth destruction, students will leave this seminar with a detailed and timely knowledge of the way that inflation is being used worldwide to enrich governments and impoverish private citizens.