Deflation: Myth and Reality

https://www.youtube-nocookie.com/embed/2C6TFfIzUIc

Further reading:

Apoplithorismosphobia by Mark Thornton

In Defense of Deflation by Philipp Bagus

Deflation and Depression: Is There an Empirical Link? by Andrew Atkeson & Patrick J. Kehoe

Deflation and Economic Growth: The Great Depression as the Great Outlier by Pavel Ryska

The U.S. Monetary Policies Against the Great Recession of 2008: A Critique from the Deflationist Viewpoint of the Austrian School by Renaud Fillieule


The Ethics of Money Production by Jörg Guido Hülsmann

Money: Sound and Unsound by Joseph T. Salerno

The Yield from Money Held by William H. Hutt (Chapter 15 in On Freedom and Free Enterprise: Essays in Honor of Ludwig von Mises)

"The Yield from Money Held" Reconsidered by Hans-Hermann Hoppe

The Costs of Inflation Revisited by Steven Horwitz