The Trade Cycle and Credit Expansion: The Economic Consequences of Cheap Money
Translation: Dan Cristian Comănescu *
Excerpted from "The Trade Cycle and Credit Expansion: The Economic Consequences of Cheap Money" (1946), On the Manipulation of Money and Credit, P. Greaves, Jr., ed. (Dobbs Ferry, NY: Free Market Books, 1978);
© Translated and published online with the permission of the publisher.
© 2001 Institutul Ludwig von Mises - România pentru versiunea în limba română.