- 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.
The Curious Lure Of Austrian Economics In The Financial World
November 14th, 2018 · No Comments