2 minute explanation of boom and bust

I haven’t had time for any detailed blogging over the past few days, so here’s a snappy summary of how booms and busts are caused by government’s control of the money supply. It comes from Learn Liberty, who have lots of other short videos on economics and libertarianism. A good way to understand these ideas in a short space of time!

When I get time I hope to expand on these ideas in more detail. Until then, here’s Stephen Davies:

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One Response to 2 minute explanation of boom and bust

  1. Pingback: Video: A History of Economic Booms and Busts | Globalization & Capitalism

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