New investment will create new jobs, and fill excess capacity. New jobs mean more income, which means the cycle of new investment, new jobs, and new demand will continue. That's not addiction, that's the way the real economy works. One of the many mistakes the Austrians make is to look at the growth of debt without comparing it to the growth of revenue, or adjusting it for interest rates. They position themselves correctly as anti-Keynesians, while making the huge mistake by denying that supply-siders even exist.
The Austrians seek to prolong human misery, and they think the Great Depression is the best thing that ever happened to our economy.
New investment will create new jobs, and fill excess capacity. New jobs mean more income, which means the cycle of new investment, new jobs, and new demand will continue. You're more likely to get inflation, fraud, malinvestment, and, ultimately hyper-inflation until the excesses of the past boom are wrung out of the system.
The Austrians seek to prolong human misery, and they think the Great Depression is the best thing that ever happened to our economy.
Is that your best understanding of the Austrian School?