Economic Cycle: Definition and 4 Stages
Economic Cycle: Definition and 4 Stages
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Just because we've had a system of central banking for 100 years doesn't mean we ought to. In fact, it's starting to look like central banks do more harm than good. From obscuring the true cost of credit to causing confusion about good investments, central bankers end up papering over economic problems. And when they send the wrong messages to savers and consumers trying to coordinate their plans, boom and bust cycles lengthen and worsen. Learn more about the problems central banking causes at h
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A new and improved version of the highly-rated Economics of Money and Banking is being launched this week. Learn more and sign up at: ineteconomics.org/ideas-papers/blog/economics-of-money-banking-returns | Institute for New Economic Thinking
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The US economy grew at fastest rate since 1984, but key inflation measure rose at the fastest rate since 1982. CNN commentator Catherine Rampell explains what this conflicting data means. | CNN
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