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Whenever discussing the Great Depression, it is always argued that high interest rates imposed during the Great Depression (Specifically 1931) worsened the Depression because investment was curtailed. This of course seems to run contrary with what an Austrian would argue. There was obviously credit inflation...
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Hey all,
I will be about to write my master thesis with Thorsten Polleit as first corrector.
His page on mises.org: http://mises.org/articles.aspx?AuthorId=793
Do you have any inspiration for us regarding an interesting topic that is worth to be investigated?
Best regards
Alex
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Here's a story I just wrote to help explain what the Fed's doing to wreck our economy. Please let me know if it helps. Normal 0 false false false MicrosoftInternetExplorer4 The Three Little Pigs and the Federal Reserve Crisis In their later years, they bought a yacht and sailed the seven seas...