Easy money

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Easy money is a loan market condition in which funds can be borrowed at lower interest rates than those that would prevail under free market conditions. Easy money policies lead to an expansion of circulation credit in that more funds are made available in the form of loans than savers have accumulated and set aside for that purpose.[1]

References

  1. Percy L. Greaves, Jr. "Mises Made Easier ", 1974. Referenced 2014-07-04.