That's that leftist party line but there are very little observable factors that point to a collapse in general prices being caused by not enough gov't interference. Things like banks forced to make dodgy loans to minorities however can easily traced to coercion began a decade earlier.
free-marketeers and government hop into bed together
imho the very purpose of government is to serve the people whom they govern in order to defend their rights to pursue stuff like life and liberty. There's neither life nor liberty if free people can't feed their families by buying and selling in market all the wealth they create.
Banks were more than happy to issue those loans, take their fees, and then bundle them up and sell them off to investors, lying about the risk.
Which are you, Bluewater2015?