from misesmedia
Thanks to past interventions, the economy is now rife with malinvestments and prices that don’t reflect real demand. The solution is to allow deflation and other types of painful readjustment. Otherwise true growth will elude us.
Original article: https://mises.org/wire/how-government…
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.