«In physical gaming there have been
cyclical declines without question, but we have very strong cards to play in Nintendo Switch, Sony VR and Microsoft Scorpio», GameStop's CEO Paul Raines stated.
Unlike Mises, Hayek subscribed to the popular view that banks might expand credit
without limit so long as they expanded in unison, and that they would in fact be inclined to overexpand, while allowing their reserve ratios to
decline, in response to
cyclical increases in the demand for loans.