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Standard economic theory states that as an economy grows, the money supply should grow with it. Appealing to the Austrian tradition, Frank Shostak shows that belief is mistaken.
Original Article: "Should the Fed Increase the Money Supply in Response to a Growing Economy?"
This Audio Mises Wire is generously sponsored by Christopher Condon.
Contact Frank Shostak
Frank Shostak's consulting firm, Applied Austrian School Economics, provides in-depth assessments of financial markets and global economies. Contact: email.