Indeed, the very worst thing that can happen is for the government to get involved. By flooding the market with liquidity, keeping the rate of interest low when credit is scarce, or attempting to stimulate the economy to smooth out the cycle, government intervention simply prolongs the recession. Moreover, intervention produces a further pathology that is perhaps even more dangerous: it creates, according to Mises, a capital strike among investors.

Mark Blyth, Austerity, loc. 393