Jörg Guido Hülsmann - Deflation and Liberty
Audio CDs in MP3 / English: MP3, 32 kb/s (1 ch) | ASIN: B005FSHC80 | Duration: 01:10:44 | 16 mb
Deflation and Liberty addresses a critically important issue: the prevailing view that deflation is a catastrophe that must be stopped. Jörg Guido Hülsmann shows that in fact deflation is nothing to fear. The government should permit it to happen as a path to economic recovery and even use it as a tool for reform. Institutions that are liquidated in deflation need to be liquidated, including banks and other financial institutions.