While an increase in the supply of gold money would lead to higher consumer prices, such increases in the gold supply do not lead to boom-bust cycles.
Original Article: “Can Increases in the Supply of Gold Lead to Boom-Bust Cycles?”
This Audio Mises Wire is generously sponsored by Christopher Condon.
What's your reaction?
Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0