How Politicians Can Cause Another Great Depression Our last blog referred to Milton Friedman’s caution about what caused the 1933 World Wide depression, and compared it to the debate being carried on now. This is a continuation of those comments. In his classic video from 1977, Milton Friedman delivers a 52-minute lecture at Utah State… Continue reading Milton Friedman Video From 1977 – Part II – The Hidden Cost that Hurts Us.
Tag: TARP
The Debt Jubilee – A Method to Reset the Debt
The Age of Instant Communication A feature of the revolutionary change in communications that has transformed society, is the almost instant universal awareness of every event, or concept. A recent discussion is a relatively new concept of governments printing a massive sum of money and depositing a proportionate amount of it in every citizen’s bank… Continue reading The Debt Jubilee – A Method to Reset the Debt