Few economists—even the free-market advocates—understand what caused the Great Depression. No, the Fed didn’t cause the Depression by failing to inflate the currency. Instead, it was the Fed’s inflation that led to the disastrous early events.
You May Also Like
Business
The head of the International Monetary Fund has warned of increased risks to the stability of the financial system after weeks of banking sector...
Business
The Home Office has made next to no progress in tackling criminal fraud during the past five years, despite it having become Britain’s most...
Business
1.22 billion people use Instagram every month. That’s a huge number of Instagrammers trying to hit it big on the platform all at the...
Business
Mark Zuckerberg has laid off more than 11,000 Meta’s employees, about 13 per cent of its global workforce, in what he described as “some...