Quote:
Originally Posted by DieselAddict
So you wanna go back to the 1700's? I certainly don't. Maybe moving to an Amish community would bring you some of those pleasures.
The economy collapsed before FDR came to office. You have your timeline upside down.
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I'd rather go back to 1819. The economic collapse at that time rivaled the 30's and what we are seeing now. The big difference was that there was no government intervention and the problems corrected themselves so quickly that there is barely any historic mention of the event at all. The economy collapsed before FDR came to office, yes, but the depression dragged out as long as it did largely due to governement measures implemented at the time.
This is a very timely article that juse came online today.
http://mises.org/story/3318