America - economic collapse - Economic Cycles - world economy - US history
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America - economic collapse - Economic Cycles - world economy - US history https://youtu.be/4y76tsCELH4 I created this video with the YouTube Video Editor (http://www.youtube.com/editor) Creative Commons Attribution license (reuse allowed) https://creativecommons.org/licenses/by/3.0/legalcode https://support.google.com/youtube/answer/2797468?hl=en Origin: https://www.youtube.com/watch?v=TxcjT8T3EGU Author: https://www.youtube.com/channel/UCmT6-ChKpaiIVu2fhEIsNtQ Archived from the live Mises.tv broadcast, this lecture by Tom Woods was presented at the 2011 Mises University in Auburn, Alabama. Includes an introduction by Mark Thornton. https://en.wikipedia.org/wiki/Thomas_Woods America - economic collapse - Economic Cycles - world economy - US history
Comments
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another guess when people save money instead of spend it puts the businesses out of business and in order to keep the cycle flowing they inflate prices
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my guess is banks give loans to businesses and when people don't spend money on frivolous things inside of the product market in order to get the money they loaned out back then inflate prices on necessities like grocery stores and gas prices & doctor visits
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