Why does the economy seem to lurch from boom to bust with such unsettling regularity? And why are economists, the very people who should be predicting these downturns, so often c****t by surprise? In a recent discussion on Wealthion, Chris Casey of WindRock Wealth Management offered a compelling and often contrarian answer: blame the central banks. Casey, drawing on the insights of the Austrian School of Economics, argues that recessions aren’t random events, but rather the inevitable consequence of central bank policies that distort the natural rhythms of the market. He contends that artificially low interest rates and the rampant…
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