Austrian School of Economics Salon CVII

Dear Austrians,
Stable Money?

As simple and harmless as our next topic sounds, it is all but.

What is "stable", really? Stable to what exactly? What are the different dimensions of stable? Can money be truly stable? Why is there an illusion of stability? Why do people wish for it? What type of money can be stable? What stabilises money, what destabilises it? What's the role of expectations? Who are the losers of unstable money, who the winners?

Our next salon will commence with a short impulse keynote, followed by a Socratic debate. The hosts provide complimentary drinks, you provide your thoughts and questions.

As usual, we will meet in the "Hayek Saal" at Vienna's Hayek Institute.

I look forward to a lively debate.

Yours,
Hubertus