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Sound Money versus Fiat Money: Effects on the Boom-Bust Cycle

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Frank Shostak

Published : July 13th, 2021

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	An increase in the supply of money does not necessarily cause the boom-bust cycle. It is only when more money is created out of nothing that the cycle begins. Original Article: "Sound Money versus Fiat Money: Effects on the Boom-Bust Cycle" This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

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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