The Great Depression: Crash Course US History #33
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Date: 2022-04-04
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Comments and reviews: 7
Tom
Hold on here, the deflationary cycle could have happened because of all the consumption during the 1920s up to 1929. The fed already pumped lots of money in the economy by setting low interest rates. This made for an increase of the money supply across the country by more than 50% if I read it right.
This can explain the deflationary period and asset bubble in the stock market. More loans default due to overleverage because of the liberal loans. I miss good old Austrian economics in here: )
By the way 2020 exam history student: )
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Hold on here, the deflationary cycle could have happened because of all the consumption during the 1920s up to 1929. The fed already pumped lots of money in the economy by setting low interest rates. This made for an increase of the money supply across the country by more than 50% if I read it right.
This can explain the deflationary period and asset bubble in the stock market. More loans default due to overleverage because of the liberal loans. I miss good old Austrian economics in here: )
By the way 2020 exam history student: )
reply
tecnolover2642
Moral of the story: Never ever let a private for profit central bank (federal reserve) control an entire countries money supply, especially without government checks and balances! Sadly we still haven't figured that out and so the carnage continues all for their profit.
Jackson defended America. Wilson destroyed it.
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Moral of the story: Never ever let a private for profit central bank (federal reserve) control an entire countries money supply, especially without government checks and balances! Sadly we still haven't figured that out and so the carnage continues all for their profit.
Jackson defended America. Wilson destroyed it.
reply
Zach
Pretty harsh on Herbert Hoover, though an All in the Family Episode would make you think we could use a man like him again. Didn't mention how FDR doing too much didn't help the situation either. The depression ended because of WW2.
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Pretty harsh on Herbert Hoover, though an All in the Family Episode would make you think we could use a man like him again. Didn't mention how FDR doing too much didn't help the situation either. The depression ended because of WW2.
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Daniel
Corona Virus is killing the Stock Market and 6 foot of seperation kills relationships and Right to Gather! Trump needs to declare Marshall Law to correct the Lazy Socialists that want to sit at home and draw checks!
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Corona Virus is killing the Stock Market and 6 foot of seperation kills relationships and Right to Gather! Trump needs to declare Marshall Law to correct the Lazy Socialists that want to sit at home and draw checks!
reply
Jeremy
One of the biggest myths of the depression was Hoover did nothing. In fact FDR-s treasury secretary said that most of the new deal was started during Hoover-s administration
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One of the biggest myths of the depression was Hoover did nothing. In fact FDR-s treasury secretary said that most of the new deal was started during Hoover-s administration
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Ocean
Every time I-m forced to watch one of your videos by my teacher, I end up watching all of them for fun, and then I-ve forgotten to do the work!
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Every time I-m forced to watch one of your videos by my teacher, I end up watching all of them for fun, and then I-ve forgotten to do the work!
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Peter
Excellent video, this setup is nice. i count myself successful in stock trading because of the amazing trading strategy of Mr Ernest Vincent.
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Excellent video, this setup is nice. i count myself successful in stock trading because of the amazing trading strategy of Mr Ernest Vincent.
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