An Upcoming Downturn is an “A Priori” Fact

For the man on the street the multiple stock market crashes in March were an unforeseen circumstance caused by the Coronavirus Pandemic, disrupting an otherwise strong economy. For the Austrian Economists, the reality was no surprise, and neither were the other major recessions of the 20th century. Before the Great Depression, Austrian economist Ludwig Von … Continue reading An Upcoming Downturn is an “A Priori” Fact

The Economy Needed “Stimulus” Before the Virus Collapse

Convenient for the central planners that the Coronavirus Lockdown will pose as the one and only cause of the next recession in the Official Version of History. Like many government-engineered catastrophes, we will pretend that history began in January of 2020 and ignore the previous decade of artificial credit expansion, low interest rates, and liquidity … Continue reading The Economy Needed “Stimulus” Before the Virus Collapse