The Truth About Central Banking and Business Cycles
The Foundation for Economic Education is out with a new short video. It’s simple and easy to understand and I recommend watching it if you’ve ever wondered why business cycles occur.
This is one of the major reasons I started this blog 2 years ago: to explain business cycle theory.
I’ve made a few attempts at making this as simple as possible:
If you want a slightly more elaborated version of the video, feel free to check out Business Cycles for Dummies. The other two links don’t give as full an explanation of it, but they will help see how the process occurs more clearly. If you have any questions, feel free to ask them as well, I’d be glad to help in any way if I can.