George Soros Astounded to Hear about the Austrian Business Cycle Theory

At about four minutes into this video, the interviewee basically describes to Soros the Austrian theory of the business cycle — that is, how governments print money and cause malinvestment which creates bubbles. Soros seems to be quite astounded by this, and the look on his face is really worth it after hearing him preach for two minutes about the need for greater regulation.

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