Mises Media
Mises Media
Mises Institute
The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction
1 seconds Posted Dec 1, 2023 at 2:00 pm.
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While the Fed tries to engineer the mythical “soft landing” for the economy, Austrian economists know that this is an exercise in futility. Once the credit-fueled boom occurs, the bust logically follows.