Hello everybody,
I'm new here, but I hope you gonna help me anyway.
Right now I'm writing my thesis about different money systems and the chance of bubbles developing. I know that there's a lot literature regarding business cycles which often go along with bubbles, but do you have any hints explaining the connection between our monopolistic money system and the chance of bubbles developing?
Thanks in advance,
Raphael
http://wiki.mises.org/wiki/Austrian_Business_Cycle_Theory_learning_materials
In particular, see here, and here...:
Thank you, but what I'm rather searching for is a historical view on bubbles, under which circumstances did they arise with respect to the monetary system.
The best we have might be
http://wiki.mises.org/wiki/Financial_crisis#History
and the first link from the links section:
Economic Cycles Before the Fed
Thanks again, this seems to be a good help for me.