Chapter 7- The Nature, Cause, and Consequences of Inflation

Thomas H. Greco, Jr.
1 min readApr 5, 2024

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Inflation is always and everywhere a monetary phenomenon. - Milton Friedman

Bankers, politicians, and pundits talk about inflation as if it were something mysterious and difficult to understand, but the truth about inflation is really quite simple. If you want to cut through the fog of obfuscation, read the latest chapter, Chapter 7- The Nature, Cause, and Consequences of Inflation, in my new 2024 edition of The End of Money and the Future of Civilization. You can find it , and , and on my channel.

Further chapters will continue to be posted as they are completed on and Substack channel, as well as on . Watch for Chapter Eight to be posted in about two weeks.

As always, your comments and suggestions will be welcomed,
Thomas
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Originally published at on April 5, 2024.

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Thomas H. Greco, Jr.
Thomas H. Greco, Jr.

Written by Thomas H. Greco, Jr.

Scholar, author, educator, community economist, leading authority on moneyless exchange and private currencies. .

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