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The Invisible Hand works well in a free market. But when the

Posted on: October 20, 2016 at 13:29:17 CT
JeffB MU
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Fed perverts and distorts the free market bad things happen.

That's why communism and socialism are such drags on an economy.

See:


Austrian Theory of the Trade Cycle, by Auburn economics prof., Roger W. Garrison

https://www.youtube.com/watch?v=zhoFOyy7rbo



and to a lesser extent:

Why You've Never Heard of the Great Depression of 1920 | Thomas E. Woods, Jr.

https://www.youtube.com/watch?v=czcUmnsprQI&feature=related

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The same people who assured us there was WMD in Iraq - Bulldog Bob Brown STL - 10/20 12:17:10
          Some saw it coming, just didn't know exactly - Sarazen MU - 10/20 12:32:42
               The point is that our leaders did not see it coming. If all - JeffB MU - 10/20 12:35:28
                    Not true. Republicans tried to pass legislation which would - MizzouTigerz MU - 10/20 13:14:39
                         Those safeguards might have helped a bit, but the Fed's - JeffB MU - 10/20 13:19:48
                              3 words - MizzouTigerz MU - 10/20 13:22:55
                                   The Invisible Hand works well in a free market. But when the - JeffB MU - 10/20 13:29:17
                                        The Invisible Hand is the hand of God - MizzouTigerz MU - 10/20 14:11:27
                                             But God gave us a brain, reason and logic for a reason. - JeffB MU - 10/20 14:51:03
                    Or more likely - ummmm MU - 10/20 12:36:36
                         Or worse yet, that they are doing it intentionally. - JeffB MU - 10/20 13:03:53
                              The devil has no answer for the shed blood of Jesus Christ. - MizzouTigerz MU - 10/20 13:19:47
                                   Oh, I have no question as to who wins in the end. That does - JeffB MU - 10/20 13:32:16
          RE: Don't forget our Fed Chairman's reassurances that there was - Fred G. Sanford USA - 10/20 12:31:29
     It's a great segue though - Evenflow MU - 10/20 12:19:20
          Indeed they are, but not to the U.S. - MizzouTigerz MU - 10/20 13:21:45
          Serves both sides - Mormad MU - 10/20 12:20:31
               I thought you meant both sides of the one party. (nm) - Evenflow MU - 10/20 12:22:04
                    That too.... - Mormad MU - 10/20 12:24:04




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