Great morning read ☕

The recurring cycle of economic booms followed by inevitable busts has remained a puzzle for generations of observers. While mainstream Keynesian and monetarist theories propose monetary interventions to smooth these fluctuations, the Austrian School offers a compelling and alternative perspective. -- Michael Matulef

The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction

https://mises.org/wire/inevitable-bust-why-economic-booms-contain-seeds-their-own-destruction