guest: ok, let me put it away milton friedman would. or milton friedman here and alive today, he was said that in situations like right now, -- would say that in situations like i now, what unemployment is near 10%, rather than the normal level of 5%, there is too little money, too little cash in the economy. as citizens desperately tried to scramble to increase how much cash, to get the cash they want to all, they cut back on spending on goods and services, and that cut back puts a lot of downward pressure on production , employment, and then on income, which puts further downward pressure. the right thing to do, milton friedman would say, is you have to make sure that the government makes sure that the economy has enough liquid cash and eight, you print more money to get it into the system, and that is the proper way to stabilize the economy. the government has to manage the money supply so that there is either too little money in the economy, which produces depression, or too much, which produces inflation. uncle milton might say tha

ground and get people to fill them up again or if the treasury fill bottles with banknotes and milton friedman said the same thing helicopter money would just scatter money over over the country and that'll get rid of unemployment no between serious the german economy is a very strong economy but it is an export economy and its exports have been growing why because basically because china has been growing very fast in the last year or so if china's growth. stops but gets less if european if european growth falters as a result of these cops everywhere if american growth slows down then the germans will not be doing so well and i don't think they'll be doing as well as they are now in over the next year i think they're going to face a moment of truth when everyone slowing down is going to be very bad for the german economy the german economy will slow down to you criticize the decision of the european leaders to withdraw fiscal stimulation programs which have been operating over the last two years could this cause a slump in logic. i think i think it can i think the the with the withdrawal of th

coming young and old led by bill buckley, thinkers like a hijack, russell curt, richard weaver, milton friedman, all in their intellectual prime and two influential journals of opinion, fashion revi in human events. movement leaders decided that next on the agenda was an organization of energetic young activists who would serve as the ground troops of conservatives. d so, in the fall of 1960, some 90 young conservatives founded young americans for freedom with a little help from older americans for freedom like l. buckley and that perilous, fearless conservative and presario, marvin lehman. beginning in fact playing the student committee created by david frank e. and f. kennedy in 1958, when both were college students in washington d.c., doug at georgetown, david george washington. nothe national defense education act contained a provision that a student had to sign an affidavit saying he was not a member of any subversive organization and was loyal to the u.s. government from him she was seeking a grant for his higher education. this reasonable stipulations did not fit very well with the ameri

coming young and old led by bill buckley, thinkers like a hijack, russell curt, richard weaver, milton friedman, all in their intellectual prime and two influential journals of opinion, fashion review in human events. movement leaders decided that next on the agenda was an organization of energetic young activists who would serve as the ground troops of conservatives. and so, in the fall of 1960, some 90 young conservatives founded young americans for freedom with a little help from older americans for freedom like l. buckley and that perilous, fearless conservative and presario, marvin lehman. beginning in fact playing the student committee created by david frank e. and f. kennedy in 1958, when both were college students in washington d.c., doug at georgetown, david george washington. now the national defense educion act contained a provision that a student had to sign an affidavit saying he was not a member of any subversive organizaon and was loyal to the u.s. government from him she was seeking a grant for his higher education. this reasonable stipulations did not fit very well with the ame