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

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Frank Shostak

Published : November 20th, 2020

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	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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Frank Shostak 13 abonnés

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Frank Shostak's consulting firm, Applied Austrian School Economics, provides in-depth assessments and reports of financial markets and global economies.

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