Milton Friedman: The Great Depression was Caused by the Federal Reserve Not Tariffs

https://twitter.com/DefiyantlyFree/status/1908567682682675322 Milton Friedman, one of the most influential economists of the 20th century, believed that the Great Depression wasn’t caused by tariffs, stock market crashes, or any external force. It was caused by the Federal Reserve’s disastrous failure to manage the money supply. In fact, Friedman’s perspective on the origins of the Depression turns traditional …

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