Replies

To: Toddsterpatriot

Yes.

Why didn't the Fed avert the Great Depression? I thought that was the reason for implementing it.

288 posted on 12/31/2013 2:53:36 AM PST by Partisan Gunslinger

To: Partisan Gunslinger

Why didn't the Fed avert the Great Depression?

They tightened monetary policy, instead of loosening. Bernanke didn't make that mistake in 2008.

295 posted on 12/31/2013 6:21:43 AM PST by Toddsterpatriot (Science is hard. Harder if you're stupid.)

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