DiscoverMises InstituteDoes Economic Growth Require an Elastic Money Supply?
Does Economic Growth Require an Elastic Money Supply?

Does Economic Growth Require an Elastic Money Supply?

Update: 2025-10-031
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A long-enduring myth about money is that we need a flexible or “elastic” currency for the economy to grow. Economist Jonathan Newman joins us to talk about why this has never been true.

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Does Economic Growth Require an Elastic Money Supply?

Does Economic Growth Require an Elastic Money Supply?

Mises Institute