Correct. They don’t believe in fractional reserve banking that allows banks to set interest rates, too low for to long. which has basically contributed to a number of recessions and financial crisis. What’s even worse as we have a Mixed system which the dear professor is also probably a fan of that believes we can print ourselves into prosperity! And right now with cryptocurrency and Brics china, and everyone else who signed up is really going to destabilize the dollar!
Ask Brady Haran to show us the mathematical difference between a (Riemann Hypothesis) trivial zero(s) and proven Zero-infinity linear axis of Absolute dimension location in relative-timing Polar-Cartesian self-defining coordination functionality, because it's the same concept of Recursion to the Mean, sum-of-all-histories composite sequential resonances fitted to a coherence-cohesion Calendar of economic resources conditions (?), depending on what you think you understand about QM-TIME resonance-superposition Actuality.
Wrong, so so so wrong. Evenly rotating economy is acknowledged by all Austrians as an abstraction and business cycle theory isn’t about interest it’s about malinvestment in producing things people don’t want to buy
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austrians don’t believe in any type of central banking though
Correct. They don’t believe in fractional reserve banking that allows banks to set interest rates, too low for to long. which has basically contributed to a number of recessions and financial crisis. What’s even worse as we have a Mixed system which the dear professor is also probably a fan of that believes we can print ourselves into prosperity! And right now with cryptocurrency and Brics china, and everyone else who signed up is really going to destabilize the dollar!
So their theory is practically defunct, bc central banks DO exist & their theory can't explain them
Ask Brady Haran to show us the mathematical difference between a (Riemann Hypothesis) trivial zero(s) and proven Zero-infinity linear axis of Absolute dimension location in relative-timing Polar-Cartesian self-defining coordination functionality, because it's the same concept of Recursion to the Mean, sum-of-all-histories composite sequential resonances fitted to a coherence-cohesion Calendar of economic resources conditions (?), depending on what you think you understand about QM-TIME resonance-superposition Actuality.
Wrong, so so so wrong. Evenly rotating economy is acknowledged by all Austrians as an abstraction and business cycle theory isn’t about interest it’s about malinvestment in producing things people don’t want to buy
this
Where did you learn so much about economics didi?
No