Hopefully history will not repeat itself



While there were other factors contributing to the 1929 Depression the Fed had a major role in the market crash.


The Fed's easing, not tightening. They'll never again choke off liquidity like they did in the 1920s.
 
Lest we forget, Americans elected FDR in '32 to end the recession after the '29 stock market crash and he turned it into a soup line depression in his first two terms.
 
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