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Let's Hope Deflation Is Headed Our Way | Frank Shostak

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First published at 14:50 UTC on May 21st, 2020.

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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 Audi…

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.

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