I know about the Great Depression. Economists are discussing the causes to this day. And why it ended is also up to debate. Yes, they left the gold standard and

I know about the Great Depression. Economists are discussing the causes to this day. And why it ended is also up to debate. Yes, they left the gold standard and all that, but there also was WW II and war economics. Politicians love Keynes theories because they can employ them to rationalize government spending and money printing. It seems quite ridiculous to claim the Great Depression was caused by Deflation. It might as well have been the other way round. I have a Billion Reichsmark at home. Was the collapse of Nazi Germany caused by Inflation? I rather doubt it. An egg cost 100000 Reichsmark in the end because there were few eggs to go around. In the Great Depression, presumably labor was cheap because there were more workers than demand for work. As for the gold standard, most economists agree that we don't know how the experiment will end yet. What if the central banks keep interest rates low forever - nobody knows how that game will end. And they can not easily raise rates again now without bankrupting a lot of people. In any case it seems humans have existed for thousands of years without central banks setting interest rates. "This is like stabbing your thigh with an icepick then saying "Doctors have a lot of different opinions, you can not simply appeal to "doctors say x" when someone points out that doctors would not like people to stab their thighs with icepicks." What an idiotic comparison. "you don't have the basics to even make conversing about this productive for either of us, so let's end it here." Yeah you know nothing about reasoning. But you are entitled to your beliefs and cherry picked "facts", of course. Let's hope you won't get responsibility for any nations money supply any time soon.