Black Hole or Shock Absorber: How Does a Free-Market Economy Respond to Crises?

Tags: Business Cycles, The Fed, Inflation

11/02/2022 Mark Thornton

As the inevitable economic downturn becomes more evident, the Fed will attempt to stop deflation. But what this economy needs is a good dose of it.

Original Article: “Black Hole or Shock Absorber: How Does a Free-Market Economy Respond to Crises?”

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