liloyster on Nostr: My understanding is that Friedman's theory on the Great Depression was a kind of ...
My understanding is that Friedman's theory on the Great Depression was a kind of exception to his rule. He said that the Fed caused the depression in the the first place by tightening too much. Therefore, it was only fair that the Fed should intervene to fix the problem
Published at
2025-01-02 13:53:31Event JSON
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