#8: You should come back with, ‘that is argumentum ad verecundiam, one of the logical fallacies identified at least as far back as Aristotle in his Sophistical Refutations’ in the third century BC.’

That said, people need to realize that all we are talking about here are the dynamics of money, which is a question of how resources are allocated, not of what resources are available. Which is to say, we are in a lot less trouble than you may think if we just keep our heads and don’t go off in a panic ceding control over our lives to those who preach soothing words in exchange.

Most economists agree that the Great Depression was prolonged by about 7 years by FDR’s statist policies. We indeed have nothing to fear but fear itself, but for the ends to which certain politicians will channel our fear.