Now he writes:
"It [the recession] was awesome. Warren G. Harding literally put GNP (that’s
what presidents cared about, back then, not GDP) on his back, and then
walked up the stairs inside the Statue of Liberty. Then Hoover shot him,
threw GNP out the window, and peed on it as it fell."
Context may or may not matter on this. I'm going to go with "doesn't matter", just for the hell of it. This is actually what the Austrian school has come too.
Switzerland and the Inflation Hawks
4 hours ago