i do not know.
i was one fooled by alan greenspan.
now, i’m very disappointed in ben bernanke.
he was chosen, we were told, because he wrote his ph.d and specialized in the great depression.
none of that seems relevant now.
Maybe he is using his vast knowledge of the depression to help create another one.
“none of that seems relevant now”
Not sure why Bush would have put him in place. However, knowing some of the causes of the Great Depression would 1) help prevent another, or 2) help you start another.