why did friedrich hayek call expansionary spending dangerous?\no he felt it could lower the money supply and…

why did friedrich hayek call expansionary spending dangerous?\no he felt it could lower the money supply and cause deflation.\no he felt it could lead to inflation and poor decisions by consumers.\no he felt it could lead to deflation and poor decisions by consumers.\no he felt it could lower available credit and cause a drop in prices.

why did friedrich hayek call expansionary spending dangerous?\no he felt it could lower the money supply and cause deflation.\no he felt it could lead to inflation and poor decisions by consumers.\no he felt it could lead to deflation and poor decisions by consumers.\no he felt it could lower available credit and cause a drop in prices.

Answer

Answer:

He felt it could lead to inflation and poor decisions by consumers.

Brief Explanations:

Friedrich Hayek believed expansionary spending increased money - supply, risking inflation and distorting consumer choices.