ECONOMICS: Milton Friedman - "The Great Depression Myth"

One of the great myths we've been told about American history is that the Great Depression was a failure of capitalism.  But that's a total lie: the Great Depression was 90% the fault of the Federal Reserve Bank, then greatly compounded by absolutely horrible economic policies implemented by FDR.   "Never let a crisis go to waste."

2019-04-13  [P-B]