In 1964, Milton Friedman compared business cycles to a strin...

banquedefranceBanque de France121928719740641689701/20/2020 - 16:54In 1964, Milton Friedman compared business cycles to a string plucked down during recessions, recovering back to potential during expansions, but rarely overheating. Fifty years later, the data suggest he was right 👉https://t.co/JdqHYjI1AY #BdFeco