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News Link • Federal Reserve

'Fraud: Why the Great Recession' (video)

• vimeo (h/t Lew Rockwell blog)
 

"fraud. why the great recession" (official version) from amagifilms on Vimeo.

 
Free markets are not to be blamed for the Great Recession. On the contrary, its origins rest upon the deep government and central bank intervention in the economy. Through fraudulent mechanisms, this causes recurrent boom and bust cycles: bad policies create phases of irrational exuberance, which are then followed by economic recessions, a result that every citizen ends up suffering from.

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