The Monetary Expansion Cycle
Don explains how injecting more money into the economy can lead to a shift in resources and a subsequent economic downturn. He emphasizes the role of the price of time interest rate in this artificial boom and bust cycle caused by monetary expansion.In this clip
From this podcast
EconTalk
Don Boudreaux on Macroeconomics and Austrian Business Cycle Theory
Related Questions
Why does monetary policy work with the demand side of the economy?
Why does monetary policy work with the demand side of the economy in the context of the episode How An Old Banking Regulation May Have Driven The 1970s Inflation and the clip Supply Side Dynamics?
What are the effects on the economy of cutting federal funds rates as discussed in the episode Don Boudreaux on Macroeconomics and Austrian Business Cycle Theory and the clip Understanding Investment Patterns?