“They kept reducing the money supply through 1936, while Hoover and Roosevelt were doing everything they could think of to restart the economy.”
It’s strange that a simple remark that came down from some older relatives to me so accurately described the Great Depression. They said” “Nobody had any money.” And they hit the nail on the head, whether or not they understood the technical reasons why nobody had any money.
>>Hoover and Roosevelt were doing everything they could think of to restart the economy.
How about “those two sets of idiots did everything they could think of to prolong the great depression” instead.