dennisbmurphy
Oct 30, 2020

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Regarding the Great Depression, the Wall St crash did start it.

The Fed may have exacerbated it but that was because bankers and economists of the say were still stuck on the gold standard. You couldn't expand money supply in their view if you don't have something to back it up.

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dennisbmurphy
dennisbmurphy

Written by dennisbmurphy

Cyclist, runner. Backpacking, kayaking. .Enjoy travel, love reading history. Congressional candidate in 2016. Anti-facist. Home chef. BMuEd. Quality Engineer

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