| Central banks have decided that one of their main missions is to prevent deflation. But this only ends up causing the malinvestments that lead to economic busts.
Original article: https://mises.org/wire/lets-hope-deflation-headed-our-way This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Audio Mises Wire is also available on… |
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, master's degree from Witwatersrand University and PhD from Rands Afrikaanse University, and has taught at the University of Pretoria and the Graduate Business School at Witwatersrand University.
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