Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> 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.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: