It's a standard position for Chicago or Austrian school economists. It's also how every crisis was handled until the Great Depression. Then we resorted to mas

It's a standard position for Chicago or Austrian school economists. It's also how every crisis was handled until the Great Depression. Then we resorted to massive intervention to prevent liquidation. This experiment was repeated in the 90s in Japan, leading to two lost decades of economic growth. We don't seem to want to learn.