Charles A. Smith

Articles

Inflation Is a Giant “Skim” on the American People

08/16/2023 Mises Wire Charles A. Smith

The price of a McDonald’s hamburger in the United States has inflated 3.75 percent annually over the last seventy years. McDonald’s has grown from a tiny hamburger stand in Des Plaines, Illinois, to...

Media

Inflation Is a Giant “Skim” on the American People

09/09/2023 Charles A. Smith

Contrary to the government's line that "inflation hurts everyone," inflation really is a wealth transfer from those without political power to the politically connected.

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