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Even as the Federal Reserve continues to manipulate interest rates to “fight” the results of the business cycle, Austrian economics teaches that business cycles occur because of the manipulation. They never learn.
Original Article: The Impact of Interest Rates on Economic Growth: An Austrian Perspective
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9292 ratings
Even as the Federal Reserve continues to manipulate interest rates to “fight” the results of the business cycle, Austrian economics teaches that business cycles occur because of the manipulation. They never learn.
Original Article: The Impact of Interest Rates on Economic Growth: An Austrian Perspective
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