EdwardBaiamonte
Platinum Member
- Nov 23, 2011
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It is of profound importance that our financial system should be promptly investigated, and so thoroughly and effectively revised as to make it certain that hereafter our currency will no longer fail at critical times to meet our needs."
That of course was idiotic wishful liberal thinking at a time when monetary policy was not understood well at all. Milton Friedman did not write the "Monetary History of the United States" until decades later. That book verified the libertarian/conservative theory that liberal stimulus magic was impossible and had never worked.