Wednesday, 22 June 2011

Inflation propaganda video during Great Depression

By href="http://www.youtube.com/watch?v=JUvm9UgJBtg&feature=related">MGM

Of course it did not work. The short term improvement was due to the Repeal of Prohibition and all the job it created in the alcohol industry. FDR could not get unemployment much below 15% until he started drafted millions to fight and die in World War II.

HT: Jeff Hummel

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