“The War on Prices: How Popular Misconceptions about Inflation, Prices, and Value Create Bad”

“The War on Prices: How Popular Misconceptions about Inflation, Prices, and Value Create Bad Policy,” Cato Institute

“Market prices are under siege. The war on prices is waged most obviously with damaging government price controls and the harmful effects of central bank monetary mismanagement. Yet these bad policies are propped up by widespread, misguided public beliefs about the causes of inflation, the effects of price controls, and the inherent morality of market prices.”

 

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

Inflation is the hidden tax imposed by government to pay for its irresponsible fiscal and monetary policy. Listen to this podcast and/or read the book it discusses to understand this pernicious economic malaise. Don’t see the connection to LTC? Consider what happens to senior entitlement programs when Uncle Sam can no longer service the national debt.