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The central banks can be thanked for all bubbles, including those in cryptocurrencies.
Original Article: "Central Banks Put Wind at Bitcoin's Back".
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.
Doug French
Douglas French is President Emeritus of the Mises Institute, author of Early Speculative Bubbles & Increases in the Money Supply, and author of Walk Away: The Rise and Fall of the Home-Ownership Myth. He received his master's degree in economics from UNLV, studying under both Professor Murray Rothbard and Professor Hans-Hermann Hoppe.