[fortheDeclaration]

Yes, the increase on the money supply, artificially low interest rates, is what causes recessions (depressions).

The FED is responsible for the cycle of inflation and depression.

[DoodleDawg]

Yes, the increase on the money supply, artificially low interest rates, is what causes recessions (depressions).

Economists generally define a recession as a fall in aggregate demand that causes negative growth for at least two consecutive quarters. There are a number of reasons for the fall in demand. Interest rates are only one.