Ep. 2558 The Regime Lies to You About Recessions
The Tom Woods Show
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Understanding Economic Miscalculations Through the Master Builder Analogy
This chapter delves into Ludwig von Mises' analogy of the master builder to illustrate the pitfalls of economic miscalculations triggered by artificially altered interest rates. It highlights the importance of clarity in economic decision-making, stressing that further manipulation could worsen existing economic challenges.
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