Mises Daily

Does Bank Lending by Itself Set Off Boom and Bust Cycles?

Audio Mises Wire

What happens when banks lend money? It depends the lending process itself. If lending comes about because of an expansion of credit, then it creates problems.

Original Article: "Does Bank Lending by Itself Set Off Boom and Bust Cycles?"

This Audio Mises Wire is generously sponsored by Christopher Condon.

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