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Herbert Hoover's interventionism prolonged the depression. The government enables monopolies. The government is currently enabling every rich wall-streeter's fa
by scudco 18y ago
Herbert Hoover's interventionism prolonged the depression. The government enables monopolies. The government is currently enabling every rich wall-streeter's favorite monopoly, The Federal Reserve. We don't need the bailout. We need these companies to fail and prices to fall on assets which were obviously overvalued.