Jim Corr on The Financial Collapse.


On the airwaves Jim Corr, member of the internationally acclaimed music band The Corrs, brought up what Milton Friedman, a Nobel Prize winning Economist, said about the Great Depression, “the Federal Reserve definitely caused the Great depression by contracting the amount of currency in circulation by one-third from 1929 to 1933.” Jim Corr also quoted Senator Louis T McFadden, Chairman of the United States House Committee on Banking and Currency, who said, “it was not accidental. It was a carefully contrived occurrence… The international bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all.”

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