Mises Daily
Author:
Frank Shostak
Online Publish Date:
the United States display a visible weakening. In the eurozone, the yearly rate of growth of bank lending to the private sector fell to 0.6% this July from 9.3% in July it out points to an emerging liquidity trap, which can pose a serious threat to economic growth. The Origin of the Liquidity-Trap Concept In the popular framework