How Government Intervention Triggers Depressions

Tags: Business Cycles, Money Supply, Production Theory

05/22/2020 Rob Price

Thanks to past interventions, the economy is now rife with malinvestments and prices that don’t reflect real demand. The solution is to allow deflation and other types of painful readjustment. Otherwise true growth will elude us.

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.

Original Article: “How Government Intervention Triggers Depressions“

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