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)
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Wednesday, June 18,2008
Definition of the Week:
Money Illusion
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Matt Mattingly:Hey Russ. Thanks for all the great comments. You are ...
Robin Marohn:Bingo. Good piece.
anonymous:iwas in the march to madison
