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Give the Working Man a Break and He Will Break Our Enemies to BitsAnd it ended because of WWII. Nothing the Fed did. Dummy.
The New Deal destroyed wealth.Give the Working Man a Break and He Will Break Our Enemies to Bits
The only reason the formerly Great Britain survived and the American military grew to such dominant size after Pearl Harbor was the wealth created by the New Deal.
Letting Laissez Fairies Run It Was the Real CauseNot it doesn't. The worst depression of all time occurred after the Fed was created.
In other words, it's a bad recession.
Laisses Faire wasn't running it when the Great Depression occured, dumb fuck.Letting Laissez Fairies Run It Was the Real Cause
Does a flu shot protect against the common cold?You're obviously too stupid to get the point. Whatever allows the fed to prevent depressions should also allow it to prevent recessions.
TheGreat Depression left its mark on the CHILDREN of that time. Kids who were around during the Great RECESSION (2008) barely know it happenedIn other words, it's a bad recession.
They are not equivalent, moron.Does a flu shot protect against the common cold?
You Aren't Very Bright, briLaisses Faire wasn't running it when the Great Depression occured, dumb fuck.
In other words, it was a bad recession.TheGreat Depression left its mark on the CHILDREN of that time. Kids who were around during the Great RECESSION (2008) barely know it happened
Is that supposed to mean something?You Aren't Very Bright, bri
Little Mamas' Boys look up to the ruling class's oinkonomists as infallibe father figures.
Really really fucking beyond badIn other words, it was a bad recession.
No functional difference.Really really fucking beyond bad
Irrelevant.So, why does the U.S. government borrow from the Federal Reserve and pay interest instead of directly financing its expenses through money creation?
Because hyper-inflation is really, really bad.
And if we created our own money, like stated in our constitution, that would be 0.$33 trillion so far.
Irrelevant.
And if we created our own money, like stated in our constitution, that would be 0.
Printing too much money and dumping it into the economy will cause inflation.You're clueless.