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Austrian economics invariably predicts gloom and doom as a result of policy intervention, which by definition creates "artificial" booms and bubbles. So, we sat up when an article appeared here in Seeking Alpha where a different message was conveyed.
Let us start with a quote from a recent popular article on Seeking Alpha by Thorsten Polleit from the Mises Institute, which gives a look at the economy and the markets from an Austrian School perspective:
The Austrian business cycle theory offers a sound explanation of what happens with the economy if and when the central