O’Driscoll on Inflation

October 30, 2013

by Mario Rizzo

ThinkMarkets blogger, Cato Senior Scholar, and former VP of the Federal Reserve Bank of Dallas, Gerald P. O’Driscoll, Jr., speaks on the Fox Business channel about the problems of deliberate inflation as a policy to reduce unemployment and spur growth. See the video here:

Gerald O’Driscoll on Inflation

3 Responses to “O’Driscoll on Inflation”

  1. Jacob Steelman Says:

    O’Drisoll missed the opportunity to really explain inflation from an Austrian perspective – the printing of money, the resultant devaluation of the inflated currency, the evidence of Germany in 1923 etc. He was unorganised in his presentation and as a result was unconvincing..

  2. Mario Rizzo Says:

    You should consider that he was not giving a speech but had to respond in pithy sound bites over just a few minutes. I couldn’t do as well.

  3. minglingmike Says:

    Hi – I hope you don’t mind my posting this question here. Having trouble getting this simple question answered: Why are rising stock prices not counted as inflation?
    http://banksneedboundaries.wordpress.com/2014/02/11/inflation/ thanks

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