Milton Friedman: the Great Depression was caused by the Fed. Not tariffs.

Yep and he was right about government spending too!

Here’s what could get more expensive with Trump’s new tariffs.

And so did Alan Greenspan, who if I'm not mistaken did his doctoral thesis on this very subject. Per Grok: Alan Greenspan attributed the Great Depression largely to the Federal Reserve's failure to prevent a collapse in the money supply, a view influenced by Milton Friedman and Anna Schwartz. He highlighted the Fed’s tight monetary policy and adherence to the gold standard as key missteps that deepened the economic crisis following the 1929 stock market crash.

Exactly! Friedman exposed how the Fed's incompetence deepened the Great Depression. Tariffs weren't the culprit, central planners were. It’s time we stop letting unelected bureaucrats strangle our economy. End the Fed, empower the people, and let true capitalism lead the way forward!

Milton is 100% correct here. He has been correct about so many different things. It is amazing to me that people will take his comments on other things as nearly gospel but discount what he is saying here.

I would also like to point out, since @DOGE started exposing and slashing waste elected officials have been selling off all their insider stocks. Ngo's that have been used as money laundering for nepotism NGO's and bs contracts. They are selling before they are exposed further

In addition to no tariff world trade, Trump is trying to force the federal reserve to lower interest rates

Get rid of the federal reserve they broke the contract numerous times. They’re not federal and they’re not a reserve

There wasn't enough money. Factory owners couldn't get money to pay workers. They wanted to, but they couldn't.

The Depression Era Trade War was not good for the US because we were the Net Exporter to the World. We were the China of 1930's. Net Exporter - tariffs bad Net Importer - tariffs good But Free Trade robots don't understand nuance.

End the Fed

Purposefully done too.

Don't muddy the waters with facts, you will cause heads to explode.

Neither the LEFT, nor the MSM has told the truth for as long as I can remember.

True. "The History of Tariffs". And Canada was first to refuse the reciprocal trade with the US and impose tariffs on the US. 100 years of imbalance.

The depression came before tariffs

The Great Depression had a larger depression before it while Coolidge was president. Unlike the 1930 depression, Coolidge let the free market right it instead of over legislating like FDR did. The latter actually prolonged the Depression by a decade. The former’s depression lasted a year.

Leftists are retarded. The Smoot Hawley Tariff Act was passed AFTER the Great Depression had begun.

Yes!!!!!!

Great book by @AmityShlaes called Forgotten Man that explains in superb detail of how FDR’s social policies/programs unnecessarily extended the Great Depression

Let's end the fed @doge @potus

Tariffs protect the industry and jobs in ones back yard. Why do other countries deploy tariffs. For their benefit! When it boils down all economies are local. We have all that we need in our back yard to build our future. The domestic supply chain and jobs are incoming.

Many economists know that tariffs will affect us significantly. But you said it was caused by the Federal Reserve, which is nonsense. This is a tariff trade war

Thomas Sowell disagrees with his old teacher then.

And this one was caused by Trump 💯 🤷‍♂️

It started with Europe defaulting om their debts.

!!!! Schumer lying from the Senate floor again,

💯Some people only see what they want.

It’s pure revisionism at this point. The Reaganites just keeping beating the same tired drum.

Why does Trump keep mentioning 1913. In particular December 23, 1913. The Creature From Jekyll Island was birthed.