Audio Mises Wire

The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction

Audio Mises Wire
Michael Matulef

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.

Original Article: The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction