The boom-and-bust cycles are not natural to a market economy, contra Keynes. Instead, government through monetary manipulation creates them—and then politicians blame markets themselves.

Original Article: <a href="https://mises.org/wire/how-fed-undermines-prosperity" target="_blank">How the Fed Undermines Prosperity</a>

The boom-and-bust cycles are not natural to a market economy, contra Keynes. Instead, government through monetary manipulation creates them—and then politicians blame markets themselves. Original Article: How the Fed Undermines Prosperity{ai:summary}<p>The government creates boom-and-bust cycles by manipulating the economy, contrary to Keynesian theory. This undermines prosperity and leads to blame on the markets. #economy</p>

How the Fed Undermines Prosperity

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