Central Banks Shouldn't Fight Deflation

Central Banks Shouldn’t Fight Deflation

Tags: Entrepreneurship, Interventionism, Free Markets, Media and Culture

03/27/2019 Frank Shostak

The real problem was the money supply inflation that happened during the boom phase. Combating deflation in the bust phase only superficially treats a symptom of the boom-bust cycle.

Original Article: “Central Banks Shouldn’t Fight Deflation”.

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