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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 ...

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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.

Douglas E. French is a Director of the Ludwig von Mises Institute of Canada. Additionally, he writes for Casey Research and is the author of three books; Early Speculative Bubbles and Increases in the Supply of Money, The Failure of Common Knowledge, and Walk Away: The Rise and Fall of the Home-Owenrship Myth. French is the former president of the Ludwig von Mises Institute in Auburn, Alabama

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