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Milton Friedman on the Great Depression, Bank Runs & the Federal Reserve

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Uploaded by on May 14, 2009

http://www.SwiftEconomics.com/ Milton Friedman discusses the Great Depression, banker's fear of a bank run and the appropriate Federal Reserve response to provide assistance.

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  • Brilliant psychological manipulation to keep the public at ease. Neat story.

  • Wouldn't the concept of a Reserve, a government institution, that backs up banks, be at odds with free markets?

  • That was genius.

  • First hand account. Excellent!

    If your interested I have a petition to end the Fed on my channel.

  • Very interesting...

  • extremely interesting!

  • Is there more to this video somewhere?

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