Quote:
Originally Posted by SBR Richard
regulation didn't fix the great depression?
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The depression WAS the fix.
The fix to a bloated economy that was created by the US printing more money than it actually had.
The depression was caused ( On purpose ) by the fed taking money out of circulation, by the end of it there was $14 for every man, woman, or child.
but much like today, that wasn't spread evenly, Some had fortunes while others starved.
After they got everything back under control, they printed amounts that were more realistic and "fixed" the depression.