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Booms and BustsFinancial Markets
Just how is this magic created? The spurring of demand in the midst of a covid-created depression. The wizards at the Fed and Treasury have created an intoxicating frothy brew for stock and home buyers alike.
Money and BanksMoney and Banking
Mises declared in 1951: “No boom is possible without credit expansion... the boom which causes the following depression could not occur if the banks did not expand credit."
Global EconomyWorld History
Implementation of Marx’s ideas make nobody happy, other than spoiled millennials who aren’t suffering under it.
History of the Austrian School of EconomicsPhilosophy and Methodology