You Can Trust Economists, Right? Um, Right??
Here’s a ~30-page gem called “Oh Yeah?“, a revealing compilation of “expert” positive predictions of the American stock market by date, coupled with contradictory negative news headlines (Viking Press, 1931) by Edward Angly.
Assuming this to be in the public domain:
Some of these names and pols are still respected and quoted by the unwashed, eyewashed and brainwashed (Irving Fisher!, Hoover (not the vacuum), John D. Rockefeller, Charles Schwab (steel), Fed heads, Alexander Legge, follower of Bernard M. Baruch, and others).
The central-banking elites lied and fooled themselves and bluffed and gaslighted and blamed the victims and shilled for extending the harmful policies and discounted the negative facts at each and every turn while continually being dramatically disproved, disgraced and contradicted by pesky realities.
Did this chasten them? Make them reconsider the theories?
Ha, that’s a good one!
But this might sober you up a bit…