What would Mises say about a post bust deflation?

Richard Ebeling provides a wonderful conversational account in dialogue with Richard Wenzel.  The reveal comes at the end, but the whole thing is worth your time, for those interested in the topic.

UPDATE:  Read also this.

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If [socialists] admitted that the issue [of socialism] is a scientific question, they would have to admit that their conception of science is antiquated and that in academic circles it occupies the position of astrology. — F. A. Hayek

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