How This Crisis Differs from the 2008–2009 Financial Crisis

Tags Booms and BustsInflationFinancial Markets

05/11/2020Arkadiusz Sieroń

In this crisis the money supply has already increased far more than during the last crisis. But it's hard to say when this will produce inflation because we're still in the midst of a demand shock and a collapse in oil prices.

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.

Original Article: "How This Crisis Differs from the 2008–2009 Financial Crisis"

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Author:

Arkadiusz Sieroń

Arkadiusz Sieroń (sieron.arkadiusz@gmail.com) is assistant professor of economics at the Institute of Economic Sciences at the University of Wroclaw, Poland.