Yaron Lectures: Free Market Revolution Book Tour - Shanghai
Yaron Brook Show
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The Unquestionable Cause of the 2008 Financial Crisis
In 2007, before the financial crisis, was banking in the United States free of government controls, government regulations? No. And yet again, the gut response was, and for cost. But it caused the Great Depression in the 1930s. It wasn't free markets because we didn't have free markets. We don't trust markets. Markets are fenced to us. Why do people go into market? To make their lives better,. So Steve Jobs makes this one. He doesn't ask me how much I want to pay. This thing had profit margins over 50%. Really expensive. He made a lot of money. The Steve Jobs produced this for Steve Jobs. Not for you, not for
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