This is why i love Thomas DiLorenzo! He's so awesome! I would love to just sit and pick at his brain for hours. Some people understand economics and some people understand history. Few people really understand both and he's one of them.
Making a deal with government or 'negotiating' is like 'having a gun under the table'.
Do what government wants or something bad will happen to you. In business: it is regulation or a new law that will tax that industry; for citizens, it is 'retaliation' as
As the way of all things, what effect do you suppose its question, knowledge, understanding and application by billions of persons will have on the state of global economics, science, the humanities, education, government and business?
.
The underlying law of nature is the most important subject any person can investigate and learn about, can proceed to understand, and can then come to personally apply in life.
"Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again."
As much as I'd like to agree with the power of that statement, what they seems to say (Bernanke and Friedman) is that they think they didn't print ENOUGH money during that time.
Excellent, a real breath of fresh air!
tabletalk33 1 month ago
This is why i love Thomas DiLorenzo! He's so awesome! I would love to just sit and pick at his brain for hours. Some people understand economics and some people understand history. Few people really understand both and he's one of them.
Marian12c 9 months ago 2
Hoover raised taxes
TheCameo86 1 year ago 2
Making a deal with government or 'negotiating' is like 'having a gun under the table'.
Do what government wants or something bad will happen to you. In business: it is regulation or a new law that will tax that industry; for citizens, it is 'retaliation' as
every whistlelblower can attest to.
Debba99 1 year ago 2
This has been flagged as spam show
THE MOST FUNDAMENTAL QUESTION OF ALL:
.
What is the underlying law of nature.
.
As the way of all things, what effect do you suppose its question, knowledge, understanding and application by billions of persons will have on the state of global economics, science, the humanities, education, government and business?
.
The underlying law of nature is the most important subject any person can investigate and learn about, can proceed to understand, and can then come to personally apply in life.
TedDGPoulos 1 year ago
01:01:04 - Why global warming research should be viewed skeptically.
furyofbongos 1 year ago
this guy is super smart thanks for all the info guy
myaangeline 2 years ago 3
This man should be president.
fanadfilms 2 years ago 3
Obama=FDR
tdolz 3 years ago 5
This comment has received too many negative votes show
Then he will do great things for our country.
digitallando 3 years ago
yeah, another 'great' depression:)
nilesmc 2 years ago
Ha I was just messing, I'm with you guys.
digitallando 2 years ago 2
i'm so stuuupid:)
nilesmc 2 years ago
You broke the code. Join the LP if you haven't.
fanadfilms 2 years ago 3
Bush=Hoover
mahasamoot 2 years ago 3
'>> Obama=FDR
Obama is way more evil than FDR. Obama makes FDR look like Walter Block.
icfnord 2 years ago 3
who is walter block?
myaangeline 2 years ago
walter block is another freedom fighter at the mises institue like Tom here.
icfnord 2 years ago 3
THX FOR THE INF I GOING TO GOOGLE HIM
myaangeline 2 years ago
@myaangeline Check out his book "Defending the Undefendable" good stuff.
evangrogers 2 years ago
ok guy thx alot i will check it out:) is it about the great depression?
myaangeline 2 years ago
Comment removed
myaangeline 2 years ago
How the New Deal was used to buy votes: 0:35:50 onwards is the payoff I think. Amazing FDR is a hero to some. Ridiculous.
latewire 3 years ago 3
The Mises Institute rocks.
WOLF333999 3 years ago 23
how come this isn't the stuff that makes the cover of TIME, NEwSPEAK and all those other mags?
lmfao
dubdrx 3 years ago
"Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again."
-Ben Bernanke to Milton Friedman
PWitness 3 years ago
As much as I'd like to agree with the power of that statement, what they seems to say (Bernanke and Friedman) is that they think they didn't print ENOUGH money during that time.
Nielsio 3 years ago 3
LOL. Well I hope they're printing enough money this time.
icfnord 2 years ago
what are you talkin about i'm so lost
myaangeline 2 years ago
Would someone please send this lecture to Paulson and Bernanke!
jjrglobal 3 years ago 4
This was a very informative lecture, thanks.
gymlord 3 years ago 15