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k98killer
Peter McCormack
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Comments by "k98killer" (@k98killer) on "Separation of Money \u0026 State with Matt Stoller \u0026 Peter Van Valkenburgh" video.
He's not just a statist, he's an imperialist.
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FDR's policies made the Great Depression worse. The food scarcity of the time was due to widespread crop failures, not the fact that gold existed as the monetary base.
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That dude does not have any idea what actually caused the Great Depression. The Fed had another 40% elasticity in its mandate they it didn't use to reinflate the bubble that it had contributed to during the roaring 20s.
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