BoomBust

3 votes

Currency Competition vs Boom-Bust Cycle

Boom-Bust in a Free-Society can only happen in the short-run
---during IPO
---during new product innovation
---the only time to grow wealth

Boom-Bust under Corporatism (even under Capitalism) happens in the mid-to-long run and it happens in the short-run too, just not as dynamically as would happen in a free-society.

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