Irving Fisher - Debt Deflation @deficitowls5296
Irving Fisher - Debt Deflation @deficitowls5296
Deficit Owls | Irving Fisher - Debt Deflation @deficitowls5296 | Uploaded September 2016 | Updated October 2024, 3 minutes ago.
Professor Steve Keen explaining Irving Fisher's idea of "debt deflation." This is basically the way that a large amount of debt can lead to a rapid fall in asset prices as bankruptcy and falling prices lead to distressed selling on margin calls.

See the whole lecture here: youtube.com/watch?v=-uZzVzwJZqY

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Irving Fisher - Debt Deflation @deficitowls5296

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