Malinvestment - Destroying Houses to Help Housing Market?
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John A Hobson takes down the Austrian "malinvestment due to inflation" theory of depressions, showing how underconsumption and net interest drain from loan money is the true cause. Check the validity of his refutation of malinvestment here: 4E79k-g63Xo (paste to YouTube search engine) other links on related analysis in "show more" section
oldickeastman 2 months ago
even by the low standards for politicians, cleveland city council is dumb as a rock
psw003 4 months ago