Central Banks and the Next Crisis: From Deflation to Stagflation
When governments and central banks announce massive stimulus packages at the very beginning of a crisis, they bet on a speedy recovery and a return to normal as if nothing had happened. This is far from the case.
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.
Original Article: “Central Banks and the Next Crisis: From Deflation to Stagflation“