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Let's say I'm a fervent keynesian, I show up on Mises forum and I say: I think Bernanke is doing a great job. Look at the 1929 depression: - it was caused by an unregulated market, so regulations are good - it was continuing because of too few cash circulating, so stimulus is good Let's see...
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"since the new deal and Keynesianism failed to end the great depression" That's patently and demonstrably not true. Government spending during WW2 put people to work, put money in their pockets, stimulated private spending and investment, created demand for more products, created the middle...