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Everyone should know that free markets can allocate resources better than any central planner for the most part yes, but market failure is a thing... 1929 bein
by andrekandre 5y ago
Everyone should know that free markets can allocate resources better than any central planner
for the most part yes, but market failure is a thing... 1929 being the best example...
and what the fed is doing is reacting to trends to prevent the system from tilting out of control, not centrally planning things (when the fed starts making 5-year plans then we can talk)
- Geee 5y agoGreat Depression was caused by the Fed and government policies: https://mises.org/library/great-depression https://mises.org/library/great-depression