Thursday , December 19 2024
Home / SNB & CHF / Money Creation – Not Low Interest Rates – Is Behind the Boom-Bust Cycle

Money Creation – Not Low Interest Rates – Is Behind the Boom-Bust Cycle

Summary:
[unable to retrieve full-text content]In a recent article entitled “Where Are All the Austrian Scholars' Yachts?” John Tamny has criticized Austrian economists, and Mark Thornton in particular, for their skepticism regarding the relatively “ebullient stock market” in the midst of the pandemic. Mark Thornton responded to Tamny’s main argument in an earlier post. In this post, I will address two serious errors that underlie Tamny’s argument.

Topics:
Joseph T. Salerno considers the following as important: , ,

This could be interesting, too:

RIA Team writes The Benefits of Starting Retirement Planning Early in Your Career

Swissinfo writes Swiss residential real estate to remain in demand in 2025

Thomas J. DiLorenzo writes Stakeholder Capitalism and the Corporate KPI Cult

Swissinfo writes Parliament stalemate on abolishing Swiss homeowner tax

[unable to retrieve full-text content]
In a recent article entitled “Where Are All the Austrian Scholars' Yachts?” John Tamny has criticized Austrian economists, and Mark Thornton in particular, for their skepticism regarding the relatively “ebullient stock market” in the midst of the pandemic. Mark Thornton responded to Tamny’s main argument in an earlier post. In this post, I will address two serious errors that underlie Tamny’s argument. 

Leave a Reply

Your email address will not be published. Required fields are marked *