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> it did happen because of things he, and his contemporaries dreamed up Well yes and no. The common root of all evil behind all the bank runs and market crashe
by G3rn0ti 4y ago
> it did happen because of things he, and his contemporaries dreamed up
Well yes and no. The common root of all evil behind all the bank runs and market crashes throughout the last 100 years is monetary inflation. It is not a coincidence that the worst economic crises happened after the installation of the Federal Reserve.
For a good general overview on this topic I recommend reading „The Ethics of Money Production“.