Odd_Explanation3246 t1_jad0vca wrote
Reply to comment by Warlover1 in The bearish arguments of 1907. Swap earthquake with covid and many of these points could be recycled today by CreepingFog
All of the above points are irrelevant…fed was the main reason why a recession turned into a depression..ben bernake, former fed chairman and whose phd was on analysis of great depression is the only fed person to ever accept that the fed caused the great depression. (https://www.federalreservehistory.org/essays/great-depression)
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