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I just finished reading Prices and Production by F.A Hayek. I am trying to come up with examples from economic history, or recent history, or even simple imaginary examples of the lengthening of the production process and the shortening of the production process that comes about due to the operation...
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I understand (basically) how "the bubbles" of the fiat economy were created and that they were unsustainable. But specifically WHAT determines WHEN the bubble busts? Take the present crises or any other, but please provide examples or theories of why the crash TIMES as it does! Why didn't...