Social Studies, 21.06.2019 19:40, xoxokaydavis2638

Why did friedrich hayek call expansionary spending dangerous? o he felt it could lower the money supply and cause deflation. o he felt it could lead to inflation and poor decisions by consumers. o he felt it could lead to deflation and poor decisions by consumers. o he felt it could lower available credit and cause a drop in prices.

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Why did friedrich hayek call expansionary spending dangerous? o he felt it could lower the money su...