Teoría austriaca ciclo: versión liquidez

Austrian cycle theory (liquidity): same capital theory, different monetary theory. Liquidity theory is a product of the English banking school, which emerged in the passionate English monetary debates of the 19th century, in contrast to the monetary school (due to the novel emergence of business cycles). Virtually all Austrian economists consider business cycles to be exogenous to the market: cycles are caused by state intervention in the monetary system. Where the different branches of Austrian theory, both classical and liquidity, disagree is on the specific effect of monetary intervention. We will explore monetary concepts such as Fullarton's reflux mechanism, the dispute between the qualitative and quantitative theories of money, the market's ability to generate means of payment even without the need for banks, the concept of monetarability, and the concept of maturity mismatch. This video is a fragment of a video published on the channel of @eduardoblasco5503. I recommend you subscribe to his channel. Introductory course to economics in which you can learn the basics of economics needed to perform economic and financial analysis, such as the content in this video: https://academy.balio.app/a/214752184...