2 ms·
> The great depression happened soon after US momentary creation was handed over to the private Federal Reserve Correlation =/= Causation. The Great Depressio
by alephnerd 2y ago
> The great depression happened soon after US momentary creation was handed over to the private Federal Reserve
Correlation =/= Causation.
The Great Depression was caused by American overproduction and a lack of domestic buyers who could afford to purchase American goods (sound familiar?). This was back when America was still functionally a developing country.