{"product_id":"understanding-the-great-depression-and-failures-of-modern-economic-policy-the-story-of-the-heedless-giant-hardcover","title":"Understanding the Great Depression and Failures of Modern Economic Policy: The Story of the Heedless Giant - Hardcover","description":"\u003cp\u003eby \u003cb\u003eDan Blatt\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eHISTORY OPENS WINDOWS ON THE FUTURE.\u003cbr\u003e The Great Depression highlights your government's capacity for economic policy stupidity.\u003cbr\u003e Do you understand the policy failures behind the Crash of '29?\u003cbr\u003e Or the policies involved in the aborting of the substantial spring 1930 economic and stock market recovery?\u003cbr\u003e Or the policies that prevented the spectacular summer 1932 bull market in stocks and agricultural commodities from stimulating recovery in the broader economy?\u003cbr\u003e Or how New Deal policies extended the Great Depression for an additional half decade despite more than doubling the monetary supply and massive resort to budget deficits?\u003cbr\u003e Or how the Great Depression ended in 1940 with unemployment dropping about 7 percentage points in the two years before the U.S. entered WW-II and began its massive wartime budget deficits?\u003cbr\u003e The Great Depression is just a highlight in a century of repeated failures for Federal Reserve System monetary policy. Under its care, the dollar has lost about 90 percent of its purchasing power. Its policies have also bestowed upon the economy the Keynesian inflationary morass of the 1970s and the asset price boom and bust nature of the current business cycle.\u003cbr\u003e Understanding why interest rate suppression policies aren't working, haven't worked in the past, and can never work is herein explained.\u003c\/p\u003e\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 452\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.13 x 9 x 6 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e October 17, 2016\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51806000480544,"sku":"9781491799055","price":43.18,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/d42789b33abafa4a2a3017bdc564c1dc.webp?v=1780916527","url":"https:\/\/ebocreations.com\/products\/understanding-the-great-depression-and-failures-of-modern-economic-policy-the-story-of-the-heedless-giant-hardcover","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}