Sunday, February 08, 2009

Banks Should Raise Prices in a Recession - Robert P. Murphy - Mises Institute

"FDR was sworn into office in March 1933. Had he followed the same pattern as Warren Harding and Calvin Coolidge — i.e., had he basically kept the federal government out of it — Americans might have looked back at the Great Interruption, referring to the three-year gap between the Roaring Twenties and the Zooming Thirties."

Banks Should Raise Prices in a Recession - Robert P. Murphy - Mises Institute

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