fraud. why the great recession?
Spain / 2012 / 66 min. / Documentary / English & English subtitles
Director: JJ. Mercado
Cast overview: Jesús Huerta de Soto, Juan Ramón Rallo, Carlos Rodríguez Braun, Daniel Lacalle, María Blanco, Ned Naylor-Layland, Philipp Bagus, Steve Baker, Witold Falkowsky, Toby Baxedale
Free markets are not to be blamed for the Great Recession. On the contrary, its origins rest upon the deep government and central bank intervention in the economy. Through fraudulent mechanisms, this causes recurrent boom and bust cycles: bad policies create phases of irrational exuberance, which are then followed by economic recessions, a result that every citizen ends up suffering from.