Saifedean Ammous

327. Principles of Economics Lecture 15: Monetary Expansion

15th lecture of Principles of Economics explores monetary expansion as the issuance of credit unbacked by savings, how it distorts interest rates and misallocates capital, why this generates the business cycle, Mises' mo...

2026-05-26

Episode notes

15th lecture of Principles of Economics explores monetary expansion as the issuance of credit unbacked by savings, how it distorts interest rates and misallocates capital, why this generates the business cycle, Mises' money typology & how central banks are central planners of capital markets.

Get all course notes and slides on https://saifedean.com/poecourse

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