Tag Archives: Skyscraper Index
- How to Use MGM as An Economic Indicator
July 8, 2014
Ludwig Von Mises, the famous Austrian economist who popularized the theory that business cycles are caused by loose bank credit, used the analogy of the master builder to illustrate his theory. According to Mises, an economy under the influence of excessive credit is like a master builder that thinks he...
Ask not where bitcoin will be tomorrow, but 10 years from now
September 19, 2017