Audio Mises Wire

Home | Mises Library | Before a Bust, There Is Always a Boom (and Malinvestment)

Before a Bust, There Is Always a Boom (and Malinvestment)

Audio Mises Wire

Tags Money and Banks

09/27/2021Frank Shostak

An economic depression is not caused by a decline in the money supply per se, but results from a shrinking pool of savings made possible by a previous bout of monetary inflation.

Original Article: "Before a Bust, There Is Always a Boom (and Malinvestment)"

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
Author:

Contact Frank Shostak

Frank Shostak's consulting firm, Applied Austrian School Economics, provides in-depth assessments of financial markets and global economies. Contact: email.

Shield icon audio