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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 ...
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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 ...
Topics:
Frank Shostak considers the following as important:
This could be interesting, too:
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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.