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Podcast: Stephan Livera Podcast
Episode: SLP153 Philipp Bagus - What Most People Get Wrong About Deflation
Description: Philipp Bagus, Professor Department of Applied Economics, Universidad Rey Juan Carlos - joins me to talk about why deflation is not what you typically hear in the mainstream financial press. In this conversation we talk about:
The real causes of deflation
Why deflation is not necessarily what causes recessions
Distinctions between growth deflation, and bank credit deflation
Contrasting life under a fiat money standard with a hard money standard
Real world examples
Philipp Bagus links:
Website: http://philippbagus.com/
Twitter: @PhilippBagus
Book: In Defense of Deflation
Mises Profile: Philipp Bagus
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