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the economy was not good. it was a keynesian bubble
Posted on: May 22, 2020 at 12:18:39 CT
pickle MU
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bubbles are not natural market occurrences; they are a result of gvmt and central bank interventionism through an expansion of credit and artifically increased money supply
http://tigerboard.com/boards/view.php?message=16684188
https://mises.org/library/austrian-business-cycle-theory-brief-explanation
https://wiki.mises.org/wiki/Austrian_business_cycle_theory
Edited by pickle at 12:21:30 on 05/22/20
http://tigerboard.com/boards/view.php?message=16684188
https://mises.org/library/austrian-business-cycle-theory-brief-explanation
https://wiki.mises.org/wiki/Austrian_business_cycle_theory
Edited by pickle at 12:21:30 on 05/22/20
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the economy was not good. it was a keynesian bubble - pickle MU - 5/22 12:18:39