01-04-2017, 10:32 AM
(01-04-2017, 08:35 AM)Odin Wrote: The main reason the Great Depression got as bad as it did was because the Fed stupidly tightened the money supply right as the economy was slumping, and then Congress passed a huge set of tariffs. Had those things not have happened and the Depression just been a less severe downturn it still would have started the 4T.
We have a Congress and we will have a President callow enough to do much the same -- and undo the New Deal reforms that mitigated the Depression. Enjoy. (Irony intended.)
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.