What’s the difference between the Great Depression and Inflationary Depression that Obama is leading the US?
Great Depression of the 1930′s had many causes. I learned that the main cause was a stockmarket crash and structural flaws in banks(overleveraging?) encouraged by bad monetary policy similar to what happened this decade, there was also a drought during that time that ruined agriculture. Well of course I don’t think they printed as much money then as the fed is printing now. So how is it different from the depression America is going in?
Popularity: unranked [?]
