The growth of government since WWII was along non-military lines. The crisis years were from about 1963 to 1974. Turmoil, conflict and uncertainty were commonplace. Assassinations were numerous. Johnson and Nixon were presidents. The welfare state expanded. The Civil Rights movement stirred sit-ins, protests, and challenges. Voter registration of blacks surged. This political action was new. Anti-Vietnam protests were part of most campuses especially after 1968 and in the Democratic Party. Hippies and anti-establishment long-haired young people dropped out of old respectability. Other groups like environmentalism and feminism spilled over from the protest groups. The War on Poverty was a Johnson welfare policy. The Medicare program grew quickly. Head Start was tried in the schools. Medicare was created, bulging seven times beyond projections, even though socialized medicine had been rejected all along. Demand was unlimited and doctors gamed the system. The program is a gigantic boondoggle. Consumer protection laws like Truth in Lending and Product Safety Act had the effect of reducing innovation and raising costs. Environmental Impact Statements stopped projects across the country. Anti-pollution laws slowed productivity way down. Nixon understood that wage and price controls were futile, but he enacted them in 1971, with a total freeze for three months. He closed the gold window, too. Gas lines cropped up in 1973 because of price controls and an OPEC embargo. Lines and problems disappeared as soon as those artificial controls were removed. Medicaid and social security were two programs that became huge, unsustainable programs after 1980. Defense spending was finally overshadowed by welfare transfer payments. A new addition, prescription drugs, will soon take up 90% of the federal budget. Bibliography (PDF): Mises.org/CLBib Lecture 9 of 10 from Robert Higgs' Crisis and Liberty: The Expansion of Government Power in American History. Recorded at the Mises Institute on June 17, 2003.

Roger Ver one of the world's first investor in Bitcoin startups including Bitcoin.com, Blockchain.com, Zcash, BitPay, Kraken, Purse.io discusses with us about the Global Economy, Bitcoin Halving, Cryptocurrency and Bitcoin.com and Privacy Coins. 0:46 With the spread of this virus and the effect it had on the market. We’ve seen central banks printing more money to fight this crisis. What are your thoughts on this? 1:37 Centralized banks having too much power, is this a valid argument from crypto right now? 2:23 Following this economic crisis, there has been some reports from Candor that bitcoin.com had to lay off 50% of their staff, but you have since said this isn’t true? 3:34 We’ve seen Bitcoin Cash BCH fall 71% from 488 dollars in February to 140 dollars in march, and its creeping back up as is bitcoin and other stocks. Why is this? 4:47 Bitcoin Cash halving just happened we saw it rally 12% of Wednesday. In the long term, what will this do for the price of BCH? And what other effects can we expect to see? 5:46 Coin metrics data suggest miners could seek refuge in bitcoin, given the bitcoin having is later in May. What are your thoughts on this, is there a concern here? 6:33 What can we expect to see from bitcoin.com in the next 6 months? 7:56 What are the most exciting blockchain project? 8:22 Thoughts on privacy coins like monero, zcoin and zcash? 9:22 BCH Giveaway Altcoin Buzz Free Newsletter: http://eepurl.com/dnIEz1 Sign up for Crypto.com and We Both Get $50 USD https://platinum.crypto.com/r/ab Sign up for eToro https://tinyurl.com/yxwa8vbt Visit our website: https://altcoinbuzz.io Connect with us on Social Media: Twitter: https://twitter.com/Altcoinbuzzio Facebook: https://www.facebook.com/altcoinbuzzio/ Telegram: https://t.me/joinchat/DLi8Ug8negQrbwYO-oqNRA #Bitcoin #Cryptocurrency #Blockchain #BTC #ETH #Enjin #Tomochain #Crypto.com #Electroneum #Cardano #btcusd #btcprice Disclaimer The information discussed on the Altcoin Buzz YouTube or other social media channels is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.