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Base Money and Free Markets | The Snider Series | Episode 7 (WiM109)
The "What is Money?" Show
Is the Austrian Business Cycle Theory Rooted in Rationalism Versus Empiricism?
If a central banker took the austrian business cycle theory seriously, i mean, they would disband to morrow. It's almost as if the free market, in this pure ideological sense, saying it and was just never possible. This is never possible. Its justits too idyllic. But we can get closer to it, the more tould try to. I mean, tit's just bingis intuitive sense. Yet, those the widest pyramid are the best pyramids. Are the ones that are widest at the bottom for a reason.
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