Viewing posts for the category The Money Illusion

The Money Illusion: Part 2 - Consumer Pricing

In the first installment, I laid out the general case for money not really working for its intended purposes. In this, I'm going to go far more in-depth on why money doesn't really do what classical economists think it does for a key component of what an economy is supposed to do, namely getting goods and services to the people who need or want them.

The Money Illusion: Part 1 - Introduction