Home / The New Economy /  Definition of the Week:
  Share
Wednesday, June 18,2008

Definition of the Week:

Money Illusion

By Ken Reibel
 
When people are misled by inflation into thinking that they are getting richer, when in fact the value of their money is declining. Whether, and how much, people are fooled by inflation is much debated by economists. (Source: Economist.com)

 

POST A COMMENT
 
 
Today in Milwaukee
SAG_Click2012.jpg
BOM_Winners_410x93.jpg
ShepDrink_092911_410x93.jpg
Cover_300x344_02_09_12.jpg

Join Us at Facebook, Twitter, MySpace and Flickr


 
 
 
*/?>