SLP153 Philipp Bagus - What Most People Get Wrong About Deflation
Stephan Livera Podcast
00:00
Doesn't Deflation Drive the Economy Into Recession?
i can see that your work really builds on some of the prior work of other austrian economists. And also in this book, i see a some influence from doctor joseph lerner's austrian taxonomy of deflation. So can you tell us at a high level, somebody who's coming to this and if they haven't read any austrian economics, or doesn't deflection drive the economy into recession? How do you answer that question? A well, as as you said, one has to look at the precise course of deflation there.
Play episode from 06:37
Transcript
