May 4, 2011 Reading Time: < 1 minute

Over on the Coordination Problem blog, a number of scholars in the field of monetary theory are having an interesting discussion on the topic of Hayek and deflationary spirals. I am providing the link. I recommend a thorough reading of the comments. The post is titled:

Hayek on Deflation
Steve Horwitz
Coordination Problem, May 3, 2011.

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