Causes of the Great Depression
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u stop on a sentence then switch! please stop
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economists haven't agreed on what caused the great depression....you should mention that.
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Erroneous. I give you THE FEDERAL RESERVE. The fed refused to release currency into the market when the run on the banks took place starting in New York with Bank of US and it spread throughout the whole country and 1/3 of the banks and businesses went under....a problem that ANYTIME between 1929 and 1933 the federal reserve could have remedied, which was their MAIN function....the gold was still in the vaults, and the hard currency was still available, but the Fed REFUSED to give the private sector the ability to bounce back...being on the gold standard was by design the mechanism to prevent an event such as the Great Depression....IF AND ONLY IF the Federal Government alongside the Federal Reserve acted in accordance with their purpose..but it did NOT...if failed to do so by not releasing the money into the economy...that SINGLE act would have changed EVERYTHING. But in true Govt fashion it STARTS the fire then shows up with the water. It was a failure of GOVT, not capitalism.
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This is bullshit Could you be more of an example government apologist? We always have weak markets, overproduction, etc...... Where is this anything but a typical business cycle that the government turned into a Great Depression ? What happen to the Money Supply etc.....
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Thank You ... I appreciate learning from your knowledge.
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Pretty clear and complete explanations! Thanks!
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LMFAO at the idiot appropriately named Dick Weed who is promoting the idiot named Peter "always wrong" Schiff.
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long term causes, more like long erection
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0:26
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most are are symptoms of the Federal Reserve's manipulation of the money supply (blowing bubbles), same thing has repeated today, Great Depression 2.0 likely, thanks to dishonest debt money & government sponsored corporate socialism. People - investigate the truth and stop consuming this revisionist baloney, and outright lies (buying stocks on margin is illegal today? what is leverage then?, bank accounts are guaranteed today...in practicality, not a chance)... Find Peter Schiff for starters.
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you're amazing! :D
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Thanks :)
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