To: jdsteel
The Fed made the Great Depression WORSE,
and drug out a normal recovery, that should have only been 2 or 3 years long, and made it 10 years.
We need to get rid of the Fed !
This time, the Fed's setting us up for a Depression that will last a lot longer than 10 years, and will be much, much worse than in the 1930s.
77 posted on
09/21/2019 4:14:13 PM PDT by
Yosemitest
(It's SIMPLE ! ... Fight, ... or Die !)
To: Yosemitest
The Fed made the Great Depression WORSE,Yup. And Bernanke was determined not to repeat that mistake in 2008.
This time, the Fed's setting us up for a Depression that will last a lot longer than 10 years
How?
To: Yosemitest; jdsteel
“The Fed made the Great Depression WORSE”
And your proof for that claim is what, exactly?
83 posted on
09/21/2019 6:50:30 PM PDT by
Pelham
(Secure Voter ID. Mexico has it, because unlike us they take voting seriously)
To: Yosemitest
Its widely understood that the money supply was tightened (see my previous post) when it should have been loosened at the beginning of the Great Depression, but to blame the length and severity of that downturn on that is ridiculous.
The blame lies squarely on FDR, our first Socialist President, and a Democrat supermajority in Congress. The New Deal was a disaster.
You made my point. You hate the Fed for stuff it didnt do.
88 posted on
09/22/2019 4:27:58 AM PDT by
jdsteel
(Americans are Dreamers too!!!)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson