sábado, 20 de novembro de 2021

Ciclo de negócios

 "...government intervention cripples the market economy, and recession or depression is the painful but necessary adjustment by which the market reasserts itself, and liquidates the distortions committed by the government’s inflationary boom...whoever is granted a monopoly of printing money (e.g., the Fed, the Bank of England) will use that monopoly...to finance government deficits, or to subsidize favored economic groups. Power will tend to be used, and the power to create m…

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Business Cycles, Real and Fabricated - LewRockwell
LEWROCKWELL.COM
Business Cycles, Real and Fabricated - LewRockwell
DIGG THIS This article first appeared in two parts in Investment Insights for August and September 1984. Man has always yearned to know his future. And, since it is an economic law that demand tends to create supply, there have always been gurus and mountebanks to meet that need, people who claim to...

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