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The Curious Lure Of Austrian Economics In The Financial World

November 14th, 2018 · No Comments

  • Austrian economics favors ‘hard money’ policies that are curiously popular in the financial sector.
  • It’s curious because hard money policies don’t seem to serve the financial sector, acting as a bit of a brake on expansion.
  • Its predictive power in the post-financial crisis world also leaves much to be desired; investors would have done poorly following an Austrian investor diet.
  • It tends to blame the Fed for asset bubbles, and it’s here where we disagree most.

Source: The Curious Lure Of Austrian Economics In The Financial World | Seeking Alpha

Tags: Economics