Ignoring Austrian Economics Got Us in This Mess

Barron's reports:

central banks' inflationary expansion of credit produces booms and malinvestments, which inevitably lead to a crashes and depressions.

The only prevention for boom and busts are sound money, which is impossible with government-controlled central banks. Once the bust comes, the only cure is to let it run its course; allow the malinvestments go bankrupt and let the market reallocate the capital to productive uses.

If you want to get rid of the business cycle get rid of central banking.Here's more on Mises.