Economic Indicators

Inflation Is Great If You’re Already Rich

We’ve seen pictures of empty shelves in Venezuela. Meantime, the one-year return on the Caracas stock exchange is 1,804.92 percent. If you’re already rich in assets, inflation is a big nothing burger. But it’s a problem if you’re poor.

Original Article: “Inflation Is Great If You’re Already Rich

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.