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The heart of economic growth is the expansion of real savings. Monetary pumping only destroys wealth and savings.
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.
Original Article: "Savings Are Critical to a Prosperous Economy".
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Frank Shostak's consulting firm, Applied Austrian School Economics, provides in-depth assessments of financial markets and global economies. Contact: email.
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