tag:blogger.com,1999:blog-11906042.post8139871270118802703..comments2024-03-22T11:55:50.335+13:00Comments on Not PC: Quotes of the Morning: Before & after the 1929 crashPeter Cresswellhttp://www.blogger.com/profile/10699845031503699181noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-11906042.post-37222969928630404642024-01-23T00:47:42.013+13:002024-01-23T00:47:42.013+13:00"What a fantastic collection of quotes Bestli..."What a fantastic collection of quotes <a href="https://bestliness.com" rel="nofollow">Bestliness</a> ! Each one is a nugget of wisdom that brightens my day. Thanks for curating such an inspiring article! 🌟"Quoteshttps://www.blogger.com/profile/06027726336863137217noreply@blogger.comtag:blogger.com,1999:blog-11906042.post-77745282588644704302017-10-22T02:36:13.039+13:002017-10-22T02:36:13.039+13:00Another bankrupt currency in debt? USD? LolololAnother bankrupt currency in debt? USD? LolololSilverbug2155https://www.blogger.com/profile/15259774669744735024noreply@blogger.comtag:blogger.com,1999:blog-11906042.post-66569357517807278632017-10-21T21:40:54.417+13:002017-10-21T21:40:54.417+13:00Even though the most famous crash took place on Oc...Even though the most famous crash took place on October 24, 1929, "THE REAL FUN" (sarcasm) really started from item no. 17 in this list i.e. August 1930. Quite instructive indeed.Chandu Bhavsarhttps://www.blogger.com/profile/09395216600445735713noreply@blogger.comtag:blogger.com,1999:blog-11906042.post-10013713299700635382015-09-03T04:10:26.772+12:002015-09-03T04:10:26.772+12:00You can lay every stitch of the blame for the Grea...You can lay every stitch of the blame for the Great Depression on J. M. Keynes, though plenty of others mishandled the mess he made: https://www.quora.com/What-circumstances-led-to-the-occurrence-of-the-Great-Depression/answer/Charles-TipsCharliehttps://www.blogger.com/profile/04132312252813270501noreply@blogger.comtag:blogger.com,1999:blog-11906042.post-31701214218764154872015-09-03T00:17:43.283+12:002015-09-03T00:17:43.283+12:00Yeah, those d@mned greedy Republ...er, remind me w...Yeah, those d@mned greedy Republ...er, remind me what party FDR belonged to? Confiscating personal property.Jeff Hhttps://www.blogger.com/profile/17826755658213329360noreply@blogger.comtag:blogger.com,1999:blog-11906042.post-38988353015357831742015-09-02T09:26:55.982+12:002015-09-02T09:26:55.982+12:00To be perfectly fair, Friedman's analysis is o...To be perfectly fair, Friedman's analysis is only related to the actions of the central bank, and only to its actions after the crash on not re-inflating fast enough.<br />By contrast Mises, in response to Friedman's analysis, suggests expecting expecting success by re-inflating to fix an sudden deflation is like reversing over a man in your car in the hope that might fix him from you having knocked him down. Mises, incidentally, was one of those who saw the crash coming, made inevitable by the central banks's earlier inflations. (Read about in either Murray Rothbard's "America's Great Depression" or Lionel Robbins's "The Great Depression.")<br />But you're right with your final comment, Hoover's actions turned the crash into a depression, and Roosevelt's actions turned a depression into The Great Depression--and Coolidge wouldn't have expected either.Peter Cresswellhttps://www.blogger.com/profile/10699845031503699181noreply@blogger.comtag:blogger.com,1999:blog-11906042.post-41255229861929730932015-09-01T15:00:10.594+12:002015-09-01T15:00:10.594+12:00Many of these quotes only appear as hubris if you ...Many of these quotes only appear as hubris if you reject Friedman's analysis that a depression was not necessary, but caused by government intervention. Coolidge for example could not have known that Hoover would act as he did.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-42157250892115133362015-09-01T13:58:23.077+12:002015-09-01T13:58:23.077+12:00Keep in mind back then was bricks and morter now...Keep in mind back then was bricks and morter now it is only numbersAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-63005773167642787272015-08-26T15:33:30.237+12:002015-08-26T15:33:30.237+12:00The fun will really start in NZ when people walk a...The fun will really start in NZ when people walk away from Auckland property. <br /><br />Those two tards Key & English are already talking about lowering interest rates and increased government spending. Anything to keep the size and influence of the state intact. <br /><br />One of the big four banks during GFC1 was quietly bailed out by the RBNZ. Doubt if this time around the RBNZ will have the means too. <br /><br />If you havent been buying US $ now would be the time to start. Not too late in this case. Simonnoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-18514709132420632112015-08-26T11:55:35.634+12:002015-08-26T11:55:35.634+12:00You saved the most chilling, number 20, for last. ...You saved the most chilling, number 20, for last. <br /><br />3:16Anonymousnoreply@blogger.com