Dean Russel was a member of the staff of The Foundation for Economic Education, where he wrote for The Freeman, promoted the work of Ludwig von Mises, and translated the writings of Frédéric Bastiat.
Ludwig von Mises: "It would be a serious blunder to neglect the fact that inflation also generates forces which tend toward capital consumption. One of its consequences is that it falsifies economic calculation and accounting. It produces the phenomenon of illusory or apparent profits." - Human Action