Milton Friedman: the Great Depression was caused by the Fed. Not tariffs.

Milton Friedman: the Great Depression was caused by the Fed. Not tariffs. pic.twitter.com/CTNVzTKM7s

— Insurrection Barbie (@DefiyantlyFree) April 5, 2025

• Exactly! Friedman exposed how the Fed’s incompetence deepened the Great Depression. Tariffs weren’t the culprit, central planners were. It’s time we stop letting unelected bureaucrats strangle our economy. End the Fed, empower the people, and let true capitalism lead the way forward! – Trump Gunner
• Great point, love how Milton Friedman tells it like it is Friedman’s wisdom still resonates today, a true champion of free markets and limited government – Stop Socialist Tyranny
• The Great Depression had a larger depression before it while Coolidge was president. Unlike the 1930 depression, Coolidge let the free market right it instead of over legislating like FDR did. The latter actually prolonged the Depression by a decade. The former’s depression lasted a year.
• And so did Alan Greenspan, who if I’m not mistaken did his doctoral thesis on this very subject. Per Grok: Alan Greenspan attributed the Great Depression largely to the Federal Reserve’s failure to prevent a collapse in the money supply, a view influenced by Milton Friedman and Anna Schwartz. He highlighted the Fed’s tight monetary policy and adherence to the gold standard as key missteps that deepened the economic crisis following the 1929 stock market crash. – Paledry
• And now, when they had the chance last week to lower interest rates and calm the stock market, the Federal Reserve (controlled by private individual billionaires like the Rothchilds) refused to lower interest rates.
• This needs to be shared far and wide. It isn’t easy for folks to understand the truth when they look it straight in the face. Those who do understand it usually stuff it into the back of their minds until they, by chance, have an epiphany. This is what we are doing now in 2025. – Super Man
• I would also like to point out, since @DOGE started exposing and slashing waste elected officials have been selling off all their insider stocks. Ngo’s that have been used as money laundering for nepotism NGO’s and bs contracts. They are selling before they are exposed further
• The Fed’s mandate is to maintain price stability which means keeping the value of the US Dollar stable. Why then has it declined in value to nearly zero since the Fed was created?! The Fed has the job of setting the correct interest rate which it has failed to do and cannot be done correctly except by the market. Why did the Fed not refinance our enormous debt when interest rates were near zero and are now far higher and threatening our financial system and its mountain of debt that must be refinanced? What would you do with an employee with this track record?! The Fed has failed to do its job so end the Fed. – Mark Wolfson
• Milton is 100% correct here. He has been correct about so many different things. It is amazing to me that people will take his comments on other things as nearly gospel but discount what he is saying here.
• Bullseye! Jump forward to Quantitative Easing. In 2024, billionaire wealth in the US increased by $1.4 trillion, with 74 more people becoming billionaires, while the number of people living in poverty has barely changed since 1990. Next is the CBDC to blockchain the population.

You miss this?….  Every American needs to know what the low lives of the Democrat Party did to us all – – – – 

• “Let me give you some numbers, and I’m going to keep you up tonight.”– Dr. Oz doing his part… as he drops bombshells on the massive waste, fraud, and abuse bleeding Medicare and Medicaid—exposing a system that’s losing billions while nobody’s watching the books. You are going to flip out when you hear this….on the HOLY SHIT level. I mean, UNTHINKABLE what Dems did to us all… So bad I propose Trump organize firing squads – seriously – NO BS – MAL.

We want more than prison for the Democrats and RINO Scum that have robbed and abused us all – we want a firing squad. 

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