Nicht jeden Artikel von Ihnen kann ich so loben.
Nebenbei bemerkt, andere gute spanische Ökonomen sind
Daniel Lacalle
Jesus Huerta de Soto
Juan Ramón Rallo
Inflation kommt einzig durch die Geldmengenerhöhung zustande. Das ist auch die ursprüngliche Definition des Begriffes, bevor der Begriff nach bestem Orwellschem Neusprech verzerrt wurde.
Und Teuerung, z.B. hervorgerufen durch Kriege, ist etwas anderes als Inflation [1].
Es besteht auch kein Grund, die Geldmenge ständig zu erhöhen. Die kann auch immer gleich bleiben. Die absichtlich geschürte Angst vor Deflation ist Unsinn [2].
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[1]
https://www.misesde.org/2021/04/nicht-jeder-preisanstieg-ist-inflation/
[2]
In fact, historically, the natural tendency in the industrial market economy under a commodity money such as gold has been for general prices to persistently decline as ongoing capital accumulation and advances in industrial techniques led to a continual expansion in the supplies of goods. Thus throughout the nineteenth century and up until the First World War, a mild deflationary trend prevailed in the industrialized nations as rapid growth in the supplies of goods outpaced the gradual growth in the money supply that occurred under the classical gold standard. For example, in the US from 1880 to 1896, the wholesale price level fell by about 30 percent, or by 1.75 percent per year, while real income rose by about 85 percent, or around 5 percent per year.
Joseph T. Salerno https://cdn.mises.org/qjae6_4_8.pdf
“Improved standards of living come to the public from the fruits of capital investment. Increased productivity tends to lower prices (and costs) and thereby distribute the fruits of free enterprise to all the public, raising the standard of living of all consumers. Forcible propping up of the price level prevents this spread of higher living standards.”
Murray N. Rothbard: What Has Government Done to Our Money? https://cdn.mises.org/What%20Has%20Government%20Done%20to%20Our%20Money_3.pdf