Newly-created money is not evenly distributed in the economy, so new money will lead to a something-for-nothing exchange which brings a boom-bust cycle.
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The FedMoney and BanksMoney and Banking
At different times and in different places, Fed officials have changed their stories about whether or not bubbles can be seen before they pop.
BiographiesPolitical Theory
J.B. Say was the foremost French political economist in the early 1800s, and many of his insights are important for economists today.
In India, as in many places, established taxi companies are joining forces with other interest groups to keep rideshare groups out of the marketplace.
World HistoryMoney and BankingPolitical Theory
Happy New Year from the Mises Institute!
History of the Austrian School of EconomicsPolitical Theory
