Town Hall For Hope with Dave Ramsey (Entire Event) - PART 2

[naskicolta]

Try Asian women **busizz4me.info**

[christo930]

Milton freedman? How about the real fathers of Austrian economics? Guys like Von Mises and adam smith. Freedman wasn't a good guy by any stretch and he believed in the constant expansion of the money supply.

[heyerstandards]

"America's Great Depression" by Prof. Murray Rothbard also explodes the myth that government intervention ended the first Great Depression. Hoover & FDR perpetuated the depression.

[TheBeersCold]

I haven't read that book but, I had a really smart history teacher years ago that told me how the FDR administration actually slowed down recovery. Your right, they slowed down recovery.

[kosai19]

@TheBeersCold

He is right. It's government intervention that turned it into a depression rather than recession.

Can research the non-depression of the 1920s which is when it should have hit. Government immediately cut spending and hiked interest rates and it was resolved that same year and became a non-issue. The depression lasted for many years because the medicine of severe government spending cuts didn't happen.

[christo930]

Back then economic contractions were always called depressions.