domingo, 1 de março de 2020

Ciclo de negócios

Is the bubble bursting? 
Read Murray Rothbard! #ReadRothbard
"Thus, bank credit expansion sets into motion the business cycle in all its phases: the inflationary boom, marked by expansion of the money supply and by malinvestment; the crisis, which arrives when credit expansion ceases and malinvestments become evident; and the depression recovery, the necessary ...
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