Free Market Capitalism - A lesson from 1950’s America.

[new_trader]

America in the 1950’s, A golden era when the standard of living was much higher than it is today, a time when they respected the Constitution and freedom, a time when they understood the importance of savings and investment, a time where they understood low taxes and limited Government and a time when they were still on a gold standard.

It's Everybody's Business 1954 part 1 of 2 - YouTube

It's Everybody's Business 1954 part 2 of 2 - YouTube

 

[cr6196]

also a time when the Fed was monetizing the deficit and money supply/interest rates were determined by treasury financing needs...not really sure whats free market about that...