Today no one seems to care about inflation in Europe or in the US. It seems to be a subject confined to economists that every day people don’t care about, if they even understand the concept (no one under 50 has really witnessed it in their adult life). So people are all for unlimited money printing.
It is interesting to find old articles and read what people cared about at the time. Inflation was often a top concern, and politicians running their campaign on curbing it. Some old movies also refer to it (that stolen money which will melts away while you await behind bars).
Our current complacency in term of budget deficits and monetary policy will wake up that sleeping dragon.
It is interesting to find old articles and read what people cared about at the time. Inflation was often a top concern, and politicians running their campaign on curbing it. Some old movies also refer to it (that stolen money which will melts away while you await behind bars).
Our current complacency in term of budget deficits and monetary policy will wake up that sleeping dragon.