It's basically just all the cash and readily available funds in the bank and investment accounts of all individual and businesses and government in a country. You can read the first few paragraphs here and have a good idea.
And the Fed primarily caused the GD because when the runs began on the banks started, the Fed did not increase liquidity by making more funds available to banks at reasonable rates.
Some older ancestors of mine gave as good an explanation of the GD as any I've heard: "Nobody had any money." And that was largely correct and the Fed left it that way early on and things got worse and worse.
My gold foil paranoia hat is spinning here and if you don’t hear from me, they found me and took me out.
So they were actually forcing the bad economy and used the results to start the path to marxism and government control?
Question. “They” can tank the world economy any time they want right? What are they waiting for?