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A Drop in the Money Supply Was Not the Cause of the Great Depression

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Published : November 20th, 2020
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Category : Editorials
24hGold - A Drop in the Money ...

Even if the central bank were to be successful in preventing the fall of the money stock, this would not be able to prevent a depression if the pool of real savings is declining.

Original Article: "A Drop in the Money Supply Was Not the Cause of the Great Depression​".

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.

Source : mises.org
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