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Zoran Balac

Monetary Inflation’s Effect on Wealth Inequality: An Austrian Analysis

Quarterly Journal of Austrian Economics

Author: Zoran Balac

Online Publish Date: July 30, 2014

Category: Money and Banking, Money and Banks

Volume 11, No. 1 (2008) Austrian monetary inflation theory claims that changes in the money supply are disproportionately distributed throughout an economy, and as a result wealth inequality is exacerbated. This study proposes and tests a model illustrating this connection. After testing the model’s validity, this study compares monetary

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