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Forget the Liquidity Trap—Loose Monetary Policies Cause Recessions

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Frank Shostak

Published : March 01st, 2023

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	At the heart of Keynesian business cycle theory is the so-called liquidity trap. Contra Keynes, however, economies don't falter because a sudden increase in the demand for money. Original Article: "Forget the Liquidity Trap—Loose Monetary Policies Cause Recessions" This Audio Mises Wire is generously sponsored by Christopher Condon.

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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