Published on Mises Institute (https://mises.org)

Banks Are Lending Less Money, and That's a Formula for Recession

English
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Mises.org Publish Date: 
June 2, 2023 - 8:00 AM
Author 1: 
[1]

A new Fed survey shows that banks are cutting back on lending big time. Over the past thirty-five years, this almost always predicts recession. Our economy can't survive without endless new infusions of easy money. 

Original Article:  [2]"Banks Are Lending Less Money, and That's a Formula for Recession" [3]

 

Media: 
Topics: 
Money and Banks [4]
U.S. Economy [5]
Source URL:https://mises.org/library/banks-are-lending-less-money-and-thats-formula-recession

Links
[1] https://mises.org/profile/ryan-mcmaken [2] https://mises.org/wire/buy-black-movement-divisive-or-boon-black-entrepreneurs [3] https://mises.org/wire/banks-are-lending-less-money-and-thats-formula-recession [4] https://mises.org/topics/money-and-banks [5] https://mises.org/topics/us-economy