What are you in the first grade? One is because their is freedom in America, two is because their is opportunity.. DURRRRRRRR......
Friedrich Hayek was an Austrian Economist known for his work on the <em>Theory of Money</em>, which earned him a Nobel Memorial Prize in 1974. He openly supported classic liberalism, which emphasized the economic freedom of all individuals who formed part of society.
Hayek opposed expansionary spending (or expansionary monetary policy) because he considered, following principles of liberalism, that government intervention in the economy should be kept at its minimum expression. It is up to individuals and the economic relations they form as to whether an economy grows or not. The increase of money supply in a country could bring negative effects such as <em>inflation, </em>which is the sustained increase in the prices of goods and services.
Well.... this is kind of a weird one to answer. If the great flooding is what you believe in then it would be true but if you don't believe in that it would be false. It really depends on your religious standpoint