Bob Murphy Show cover image

Ep. 281 Murphy vs. Twitter Econ

Bob Murphy Show

00:00

The Unsustainable Boom

When we talk about boom, we have this connotation that it's unsustainable and too exuberant. So what happens with the unsustainable boom is that interest rates go down not because the government forced people to save more. And so entrepreneurs start a bunch of long term projects at the same time that the consumers are saving less. That still lowers interest rates just like happened with the fourth saving scenario.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app