Read_777 - The Inevitable Bust

"The recurring cycle of economic booms followed by inevitable busts has remained a puzzle for generations of observers. While mainstream Keynesian and monetarist theories propose monetary interventions to smooth these fluctuations, the Austrian School offers a compelling and alternative perspective" ~ Michael Matulef The bust will not be escaped. We cannot print our way out of it, we cannot cover it up with more artificial interest rate controls. We have drunken ourselves into an economic and financial stuper for far too long, we have avoided the hangover with another massive bender decade after decade - so long that we've lost sight entirely of the purpose of investment, the culture of sustainable capital, and the very reason for frugality and sustainable savings. The crash will hurt, but its the *solution*, not the problem. Find out why in today's excellent article by first time author on Bitcoin Audible, Michael Matulef: The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction | Mises Wire. (Link: https://tinyurl.com/3zsw982z) Guest Links Michael Matulef on X - Link: https://twitter.com/MichaelMatulef Michael Matulef on Nostr - Link: https://tinyurl.com/3s88xfwe Micheal Matulef on Mises Institute - Link: https://tinyurl.com/3wmyk8rd Books Mentioned Broken Money by Lyn Alden - Link: https://tinyurl.com/mvu8jm7c Price of Tomorrow by Jeff Booth - Link: https://tinyurl.com/bde45j95 Host Links Guy on Nostr - Link: https://tinyurl.com/yc376bff Guy on X (Link: https://twitter.com/theguyswann) Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible) Check out our awesome sponsors! Get 9% off the COLDCARD with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠) Get 50,000 free sats, plus sats back on everything you buy by signing up with Fold and the Spin+ Debit Card. ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/fold⁠) Check out the KYC Free, simple, no management, Bitcoin merchant solution - ⁠⁠⁠⁠⁠Nodeless.io⁠⁠⁠⁠⁠⁠. Use my link to go to nodeless.io/guy⁠⁠⁠⁠⁠ and setup your donation page for free, then share it out on nostr/Twitter and tag me, and I'll throw 10,000 sats your way! "We are all humiliated by the sudden discovery of a fact which has existed very comfortably and perhaps been staring at us in private while we have been making up our world entirely without it.” ~ George Eliot --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message