What the Fed Did to the Federal Reserve System in the Great Depression

way it did in the Great Depression when 20,000 banks went under we now have FDIC insurance so that really went even beyond that right. He enabled them he flooded them with enough reserves saying you know I'm gonna give you the facility to get all the credit you need and the liquidity they all wanted liquidity. If Milton Friedman lived right he would have said that's what you have to dad Bernanke now he wouldn't agree to 100% with absolutely everything he said yes. You are a terrible libertarian if for saying well although you're you're a prat and Paul I'm a terrible libertarian but you're a Prat.