Stock Markets Exposed
Which structural weaknesses in the US and International economy were exposed by the stock market crash of 1929?
Which structural weaknesses in the US and International economy were exposed by the stock market crash of 1929? Thanks!
Public Comments
- This exposed the dangers of handing control of monetary policy over to a privately-owned central bank, whose purpose was supposed to be to prevent such drastic swings from occurring. Of course instead of learning our lesson, we allowed the bankers themselves to write the history books on how it all happened, and exalt John Maynard Keynes as our national Economic Messiah. It has been nearly 100 years since the establishment of the Federal Reserve, and only now is the general public beginning to learn what it is, and what it has done.
