starcraftzzz
Senior Member
- Feb 14, 2012
- 2,263
- 121
- 48
this is where you say what caused the Great Depression or realize that you're the only to whom it isn't obvious that you're changing the subject.
Um is saying that what caused the great depression is what you've said caused it considered not saying what caused it?
The great depression was caused by a lot of things of which I’ll list some of them
1) A debt financed stock/economic bubble
2) High income inequality which resulted in a debt financed consumer binge which resulted in a collapse in consumption when poor people and to pay back their debts
3) A large banking crisis.
Some things that deepened it include.
1) A Gold standard that prevented the powers at be from adjusted to large economic shocks
2) Poor farming techniques that lead to the dust bowl
3) A failure of the FED/government to increase the money supply, prevent deflation or enact stimulus programs.
4) Deflation which deters investment, consumption and increase debt loads.
Good for you, you looked up a list. How odd though that you said my list of one item was "spot on" in post 90 ???
Jesus I say you are correct you and you respond with nope I am wrong. ROTFL
The problem is that your goal is not to be honest, to find the best policies, or to learn your goal is to stoke your ego by never admitting you are wrong, making yourself look good, and making it look like you won a debate
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