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The more I study economics the more I realise how far we have driftted from a common sense undertsanding of how markets and the market place should be allowed to function. I have produced this simple animation video to remind us that sometimes our best wisdom has been shown up as folly.
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[quote] Was the famous internet tech bubble caused directly by government/central banking?[/quote] Yes. The question is which way it caused it. The Rothbardians think that it, and all other economic crises at all times with no effort to check the actual facts, was caused by the Federal Reserve inflating...