Why You’ve Never Heard of the Great Depression of 1920!

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The following talk by Tom Woods at mises.org, is a refreshing take on dealing with a recession in a manner that does not involve government spending yet more of the taxpayers hard won earnings! The entire talk lasts around 47 minutes but is well worth listening to. The frankness of economic theory that the speaker exspouses makes me realise how the UK Government has made serious mistakes on our behalf with the quantative easing madness that has followed the equally horrendous bail out of the banks.… Read the full article