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Austrian Business Cycle Theory is confiremed to be FALSE

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Thread replies: 12
Thread images: 2

File: yellen4.jpg (134KB, 1280x853px) Image search: [Google]
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>Keynesian monetary policy over the last 8 years has been a spectacular success
>Debt can grow faster than GDP indefinitely since debt service costs are so low with low interest rates
>Consumers and businesses are NOT becoming saturated with debt
>Debt levels are now reaching optimal levels for economic growth
>Corporate profits are holding steady and starting to grow again
>Gold continues to fizzle as it has no productive value or use in a modern economy
>Austrian economists have been promising a "Big Crash" for over 4 years. Nothing.
>There has been no "malinvestment". Just investment shifting to new industries and business models like Amazon
>Sorry AnCaps, but ABC theory is disproven by reality
>>
Enjoy losing all of your capital when the Keynesian bubble pops yet again!
>>
>>133511045
This guy gets it. Shame OP doesn't. Sage and hide, gaiz.
>>
>>133511045
>>133511185
Here come the ancucks
>>
>>133510629
>Consumers and businesses are NOT becoming saturated with debt

You're completely mental.
>>
>>133511045
Bubbles are associate with mania.
There is no mania.
Just sensible central bank policy.
>>
>>133511627
>central bank
>sensible
pick one
>>
>>133511461
ABC theory posits that individuals and institutions will become saturated with debt, at which point they will stop borrowing and stop spending. This is supposed to cause a snowball of layoffs and a recession. This has not happened and there are no signs that it will happen. Banks are much better at limiting the quality and quantity of credit since 2008.
>>
File: 1490813427205.png (66KB, 137x259px) Image search: [Google]
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>>133511627
>Just sensible central bank policy.
>>
>>133510629
Sometimes, I question the accuracy of my reasoning in expecting a crash within the next year if not in 2017. Then another post like this pops up. Thanks OP, putting an extra grand in crypto.
>>
>>133510629
Bump. Fuck Austrian economics and fuck ron and rand paul. They're basically fucking commies. WHEN THE FUCK ARE WE GOING BACK TO THE AMERICAN SYSTEM OF /OURGUY/ HAMILTON?
>>
>Literally claims a bunch of shit without proof
>Pic related is yet another one of the many reasons Jews will be thrown into oven... for real this time.
Nice try (((OP))).
Thread posts: 12
Thread images: 2


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