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Milton Friedman explains role of gold in Great Depression.

Milton Friedman explains what happened during the great depression and what the role of the federal reserve is during economic ups and downs. This is from a 10 hour documentary series which can be...  
 
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DaleElder11 (6 days ago) Show Hide
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Lies, Lies and more lies. When will Americans wake up! Keynesian economics caused the great depression. Nazi's were rank amateurs compared to the US media when it come to propaganda.
guidobambino (1 week ago) Show Hide
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this video takes me back to my days in high school economics class in catholic school

"okay claaaass, today we're going to watch a film on the great depression. i want you to take notes and pay attention. And Belluscio, if you fall asleep again this time I'm sending you right to the dean for JUG"
HeadTater (1 week ago) Show Hide
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I know what you mean. Catholic school since kindergarden. Thankfully I haven't had the chance to get to know Mr C (our dean of students). Those Dominican Sisters can be tough (and a bit scary). Who'd have though I'd be watching this kind of video on my own free will?
blummedia (1 week ago) Show Hide
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You mean you didn't learn about economics from Tony Soprano? Just kidding I couldn't resists by your name and all the Sicilian Catholics I'm friends with.
cpblackangel88 (1 week ago) Show Hide
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Gold Standard will bring back America,make us better at trade,get rid of inflation,create jobs,and keep our money safe. We need a balanced budget amendment and a Gold Standard. To end the Fed!!!!!!
legalman1980 (1 week ago) Show Hide
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Mr. Friedman perfectly explains how The Great Depression was caused and how it could have been avoided, yet he doesn't tell us who controlled and still controls the Federal Reserve System. Gee, I wonder WHO???
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When the Economy goes back to normal? LOL! The economy you and your parents grew up is with gone, cupcake. Those jobs are not coming back.

How can America come back when 72% of our GDP is pure consumption? It can't because we don't make anything anymore. Our economy is phony. Its based on Americans spending money they don't have on things they don't need. Borrowing money from the world and blowing it on consumer goods doesn't strengthen an economy.
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As of June 2009, the Dollar is worth 4.6 Cents of One Dollar in 1913, when the Federal Reserve System was created.
TheCashistrash (2 weeks ago) Show Hide
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Right now we are in period of transfer of wealth again. Gold and silver is extremely undervalued. Main reason is that for the most part it is not used as store of money by the masses. Dollar is not backed by gold and silver anymore. Printing of money can be infinite now. Gold and silver will rise as confidence in currency dwindles. If dollar was backed gold again. Gold should be over 5000 an ounce.
comtwah (2 weeks ago) Show Hide
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Free to choose. its $100 bucks, im trying to get it

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