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Why “Wild Swings” In Crypto Prices are Not Really a Problem

Summary:
Price “stability” has never been a feature of a free marketplace.  Stability is an obsession of central banks, and the day may come when central bankers intervene to “stabilize” crypto prices. That will be a bad thing.  Original Article: “Why “Wild Swings” In Crypto Prices are Not Really a Problem” This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Powered by WPeMatico

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Price “stability” has never been a feature of a free marketplace.  Stability is an obsession of central banks, and the day may come when central bankers intervene to “stabilize” crypto prices. That will be a bad thing. 

Original Article: “Why “Wild Swings” In Crypto Prices are Not Really a Problem”

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

Powered by WPeMatico

Mises Institute
The Mises Institute, founded in 1982, teaches the scholarship of Austrian economics, freedom, and peace. The liberal intellectual tradition of Ludwig von Mises (1881-1973) and Murray N. Rothbard (1926-1995) guides us. Accordingly, we seek a profound and radical shift in the intellectual climate: away from statism and toward a private property order.

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