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The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction

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Tags Booms and BustsEconomic PolicyMonetary PolicyBusiness Cycles

12/01/2023Michael Matulef

While the Fed tries to engineer the mythical “soft landing” for the economy, Austrian economists know that this is an exercise in futility. Once the credit-fueled boom occurs, the bust logically follows.

Original Article: The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction

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The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction