To: Kaslin
This is as succinct an economic dissection of the Great Depression as one is likely to ever find.
3 posted on
11/04/2009 4:53:05 AM PST by
Thommas
(The snout of the camel is in the tent..)
To: Thommas
The Fed could not “manipulate” money supply if there were a gold standard in place. Fiat money is nothing but smoke and mirrors. The Fed is the mechanism that politicians put into place to rule the masses. The ability to control the money supply through the Fed, as well as taxing powers of governments, is the root of all evil. Lobbyists, earmarks, derivatives, food stamps, etc are all tied to the coin of the realm being messed with by people like Franks, Dodd, Geitner, Paulson etc.
5 posted on
11/04/2009 5:05:01 AM PST by
dblshot
To: Thommas
This is as succinct an economic dissection of the Great Depression as one is likely to ever find.
Walter Williams has no academic credibility.
He's merely a pundit who publishes economic misinformation for profit.
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