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A Drop in the Money Supply Was Not the Cause of the Great Depression

Summary:
Even if the central bank were to be successful in preventing the fall of the money stock, this would not be able to prevent a depression if the pool of real savings is declining. Original Article: "A Drop in the Money Supply Was Not the Cause of the Great Depression​". This Audio Mises Wire is ...

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Even if the central bank were to be successful in preventing the fall of the money stock, this would not be able to prevent a depression if the pool of real savings is declining.

Original Article: "A Drop in the Money Supply Was Not the Cause of the Great Depression​".

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.

 

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