Sound Money versus Fiat Money: Effects on the Boom-Bust Cycle


An increase in the supply of money does not necessarily cause the boom-bust cycle. It is only when more money is created out of nothing that the cycle begins. 

Original Article: “Sound Money versus Fiat Money: Effects on the Boom-Bust Cycle​”

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.



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