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by landemva
937 days ago
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> The boom bust cycle is made worse by government policies Government meddling does make it worse. Governments fighting the business cycle is perverted and should not be the task of government. Paul Volker rediscovered the business cycle and wrote a book about it. https://archive.org/details/rediscoveryofbus0000volc Interest rates naturally vary across time, space, lenders, and borrowers. Leave rates to the free market and have government enforce anti-discrimination. |
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