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Ep. 63 Nicolas Cachanosky on Improving Austrian Business Cycle Theory, the Dispute Over Fractional Reserve Banking, and How the Fed Broke Monetary Policy
Economist Nicolas Cachanosky specializes in the overlap between capital theory in traditional economics and the capitalization of cash flows in finance. He explains the relevance of these concepts to understanding the business cycle. Then Nicolas and Bob have a friendly disagreement over Mises' views on fractional reserve banking. The conversation closes with Nicolas' view on central banking policy since the financial crisis of 2008.
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By Robert Murphy
4.9
473473 ratings
Economist Nicolas Cachanosky specializes in the overlap between capital theory in traditional economics and the capitalization of cash flows in finance. He explains the relevance of these concepts to understanding the business cycle. Then Nicolas and Bob have a friendly disagreement over Mises' views on fractional reserve banking. The conversation closes with Nicolas' view on central banking policy since the financial crisis of 2008.
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