Uploaded May 2026 | Updated September 2026, 1 week ago

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Is the central bank actually a socialist planning agency? Austrian economist Jesús Huerta de Soto explains why it’s theoretically impossible for central banks to "fine-tune" the economy. By fixing interest rates—the most important price in a market—they destroy the vital information needed for economic coordination.

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#Economics #AustrianEconomics #CentralBank #Money #Liberty #FEE