“Repressed Inflation”: The Ailment of the Modern Economy

by Wilhelm Röpke The article is excerpted from Against the Tide. It originally appeared in Neue Zürcher Zeitung, June 14 and 15, 1947. Inflation Plus Collectivism Recent experience in many countries enables us to draw the picture of a strange distortion and stasis in economic life and to diagnose an economic ailment that, more and more, is […]