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The Stimulus Scam

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Tags Booms and BustsTaxes and SpendingBusiness CyclesInterventionism

03/16/2010Antony P. Mueller

Fake booms and their consequent busts are directly linked to financial cycles, which in turn reflect the swings in money creation. Fiat money lies at the heart of this process, writes Antony P. Mueller.

This audio Mises Daily is narrated by Steven Ng.

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