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Politicians are touting “affordability” to describe the current regime of rising prices. However, most lawmakers who claim they are trying to make things more affordable demand policies that make things more costly.
Original article: https://mises.org/mises-wire/why-affordability-wrong-term-describe-effects-inflation
By Mises InstitutePoliticians are touting “affordability” to describe the current regime of rising prices. However, most lawmakers who claim they are trying to make things more affordable demand policies that make things more costly.
Original article: https://mises.org/mises-wire/why-affordability-wrong-term-describe-effects-inflation