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Bob Murphy Show - Robert Murphy EPISODE 181, 18th February 2021
Ep. 181 Could Gold Discoveries Cause the Austrian Boom-Bust Cycle?
00:00:00 01:05:27

Ep. 181 Could Gold Discoveries Cause the Austrian Boom-Bust Cycle?

In a 2019 article, Bob quoted Mises who believed that new gold discoveries, in principle, could cause a (small) boom-bust cycle if the gold hit the loan market before other sectors. Walter Block and Bill Barnett have responded in a new article, arguing that in a free market, new commodity money can't cause such distortions.

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The audio production for this episode was provided by Podsworth Media.