Denise Hauge

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strong, it gives them less or no stimulant. These moves lead to cyclical rises and declines in the amounts and prices of money and credit, and of goods, services, and financial assets. These moves typically come in the form of short-term debt cycles and long-term debt cycles. The short-term debt cycles of ups and downs typically last about eight years, give or take a few.
Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail
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