Audio Mises Wire

Boom to Bust: How Inflation Turns into Deflation

Audio Mises Wire
Frank Shostak

Seemingly endless amounts of fiscal and monetary stimulus will keep prices rising in the near term. But if the banking sector and other bubble industries weaken, we will eventually see deflation as new loan activity lessens. 

Original Article: Boom to Bust: How Inflation Turns into Deflation

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