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Frank Shostak

Tags Booms and BustsFinancial MarketsMoney and BanksBusiness CyclesCapital and Interest TheoryMoney and Banking

Works Published inMises Daily ArticleQuarterly Journal of Austrian EconomicsAustrian Economics Newsletter

Frank Shostak is an Associated Scholar of the Mises Institute. His consulting firm, Applied Austrian School Economics, provides in-depth assessments and reports of financial markets and global economies. He received his bachelor's degree from Hebrew University, his master's degree from Witwatersrand University, and his PhD from Rands Afrikaanse University and has taught at the University of Pretoria and the Graduate Business School at Witwatersrand University.

All Works

Sound Money versus Fiat Money: Effects on the Boom-Bust Cycle

Money and Banks

07/13/2021Mises Media
An increase in the supply of money does not necessarily cause the boom-bust cycle. It is only when more money is created out of nothing that the cycle begins.
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The Phillips Curve Myth

Money and Banks

Blog07/08/2021

Those analysts that insist on following the Phillips curve in order to ascertain the future course of the momentum of prices of goods are deceiving themselves.

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Inflation Is a Form of Embezzlement

Blog07/01/2021

The shift of money from one market to another market is not instantaneous there is a time lag from increases in money and its effect on the average price increases.

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The Fed's Power over Inflation and Interest Rates Has Been Greatly Exaggerated

Booms and Busts

Blog06/30/2021

Because of past easy-money binges, the pool of wealth may be declining just as prices are increasing. And we're likely to see upward pressure on interest rates. This is bad news, and shows the limits of the Fed's power. 

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Sound Money versus Fiat Money: Effects on the Boom-Bust Cycle

Money and Banks

Blog06/23/2021

An increase in the supply of money does not necessarily cause the boom-bust cycle. It is only when more money is created out of nothing that the cycle begins. 

Read More
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