The Fall of Venezuela
700% inflation?
The Bolivar is worth less than a penny.
Fingerprinting shoppers to prevent hoarding?
Eating cats and dogs?
The nation has no toilet paper left?
What a shitty situation!
‘The Conventional Wisdom’
What Caused The Great Depression? | Lawrence W. Reed and Stefan Molyneux
What, a British financier had a hand in the Great Depression?
At12:40 Lawrence Reed makes my favorite economic analogy—what do you do when you run over a guy with a truck. The answer is, do not back up!
At 17:00 Lawrence and Stefan discuss the actual economic policies of the Hoover administration, offering a view that is the opposite of our national myth. Red argue that the Great Depression was 16 years long.