Yesterday, 10:07 AM
I'm not a fan of Rothbard at all. It is endemic to laissez-faire capitalism to have booms, busts, crises, and depressions. There were many, many of these before the Great Depression, which I still maintain began before the Fed attempted to respond, and, like all before it, such as the Long Depression, is just what happens when you allow economics to run amok and usurists and financiers to hoard markets. The problem is not too much control, it is not enough control, without ethics, and it began long before the Fed was instituted. The separation of economics from ethics was an Englightenment philosophy. I reject it, unlike Rothbard, who was not an historian, and was a proponent of falsehoods.
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