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09-19-2012, 01:17 PM #1
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New Film Blames Financial Crisis On Spending, Federal Reserve
New Film Blames Financial Crisis On Spending, Federal Reserve
September 19, 2012
in Finance, Front Page
Why trust the federal government to fix the economy when its own bad policies were to blame in the first place?
That’s what dozens of economist who correctly predicted the financial crisis want to know, according to “The Bubble,” a forthcoming documentary film by historian Tom Woods.
For Woods, the purpose of the film is to educate the public about what caused the 2008 financial crisis, by interviewing several financial experts who saw it coming.
“I want them to walk away saying, ‘wow there is a lot more to this than I thought,’” said Woods, a senior fellow of the Ludwig Von Mises Institute, in an interview with The Daily Caller News Foundation. “It’s not just a comic book story of wicked malefactors of great wealth who manipulated the economy to their own gain and then drove off into the sunset cackling at all of us.”
Woods worries that unrestricted capitalism is being blamed for problems created by government policies, from the regulators who rubber-stamped the housing bubble to the Federal Reserve chairmen who oversaw a reckless expansion of the currency.
New Film Blames Financial Crisis On Spending, Federal Reserve [continued]
TheBubbleFilm.com
http://libertycrier.com/finance/new-...deral-reserve/
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09-21-2012, 11:40 AM #2
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- Aug 2009
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More from Tom Woods:
Krugman Attacks Austrian School, But Ducks Debate
Paul Krugman is on the attack again against a free-market school whose views he will not even bother to learn or state correctly -- but he refuses a debate with a prominent member of the Austrian School. Don't let him get away with this.
http://www.LibertyClassroom.com/Krugman
Ron Paul on Money Market Funds - NYTimes.com
Krugman Attacks Austrian School, But Ducks Debate - YouTube
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