So what cause the Great depression Jow Forums? I kinda want a second opinion because my economics teacher blames FDR for prolonging because he intervene in the free market.
So what cause the Great depression Jow Forums...
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socialist subversion
Edward Bernays was the catalyst of the great depression. He formulated early marketing tactics which fuelled consumption like never before seen.
If you want the economicfag answer just read Milton Friedman about the subject.
Too many cows not enough milking buckets.
UDDERS EXPLODING! FAT WOMAN DISROBING!
Haha stupid great depressioners didn't even drink it all up.
Sustained wave of investor recoil mixed with a very high dollar and the new Fed looking for an opportunity to flex all happened in the same 6 months and no one knew how to handle it.
By then, the population was growing faster than production as most production speculation was during WWI when German factories weren't producing the plethora of goods they had a complete monopoly on.
Business just got really good for too long and more people bought the bubble rather than the value.
your teacher sounds smart, you should listen.
Jews. It's a shorter way to say socialist subversion.
First time I hear a teacher telling the truth about this subject. Fuck FDR and Hoover
great depression is what happens when you don’t have a welfare state to take care of people in bad times. No way were ever going back to literally starving because you can’t get a job.
>inb4 edgy shit like “poor people deserve to die”
>tfw you’ll never get to burn (((bernays))) alive