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What Really Causes Recessions | Chris Casey On How Central Banks Trigger Every Economic Downturn
Why does the economy keep falling into recession, and why don’t most economists see it coming?
In this thought-provoking conversation, Chris Casey of WindRock Wealth Management breaks down the real cause of recessions: central banks. Drawing on the Austrian School of Economics, Casey argues that artificially low interest rates and explosive monetary expansion fuel malinvestment and set the stage for inevitable downturns. He explains why mainstream economists and even Fed officials often have no coherent theory of the business cycle, and why their repeated interventions actually guarantee the…
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