What caused the Great Depression?

What caused the Great Depression?

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youtube.com/watch?v=PHe0bXAIuk0
rollingstone.com/politics/news/the-great-american-bubble-machine-20100405
youtube.com/watch?v=-KRi9nF8BiA
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Jews

Jews

Jews

Boom and bust cycle of economics.

See also: Austrian monetary theory, and this video:
youtube.com/watch?v=PHe0bXAIuk0

gee OP, I don't know, you tell me

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Jews

The federal reserve had one job.

jews did everything wrong

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Jews

When next collapse?

The free market

Bankerster usery

same erry time

>they force nations into debt slavery and credit

Jews

Lack of government regulation.

How did the jews cause it?

Speculation without any kind of regulation. Winston Churchill loved America because when he visited every hotel had a stock trading room and they would bid up the peices of paper over the hour.. Stock trading went from a rich mans thing to a way for middle class to increase their wealth.

. First, American firms earned record profits during the 1920s and reinvested much of these funds into expansion. By 1929, companies had expanded to the bubble point. Workers could no longer continue to fuel further expansion, so a slowdown was inevitable. While corporate profits, skyrocketed, wages increased incrementally, which widened the distribution of wealth.

The richest one percent of Americans owned over a third of all American assets. Such wealth concentrated in the hands of a few limits economic growth. The wealthy tended to save money that might have been put back into the economy if it were spread among the middle and lower classes. Middle class Americans had already stretched their debt capacities by purchasing automobiles and household appliances on installment plans.

The American way?

There were fundamental structural weaknesses in the American economic system. Banks operated without guarantees to their customers, creating a climate of panic when times got tough. Few regulations were placed on banks and they lent money to those who speculated recklessly in stocks. Agricultural prices had already been low during the 1920s, leaving farmers unable to spark any sort of recovery. When the Depression spread across the Atlantic, Europeans bought fewer American products, worsening the slide.

jews

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Fpbp
Spbp
Tpbp

Degeneracy

IT WAS ME, AUSTIN

Juice

It always traces back to one specific group of people

Literally Jews

>that picture
Got to hand it to Jews in the 21st century with their 6D conspiracy theory conspiracy theories. They really outkiked themselves this time with subversion; Social media was a stroke of genius desu as far as nefarious kikery goes.

Ach! The sting of truth. Ty.

It's in their nature. Look at the situation now: they stole the sandnigger land and we have muslim terrorism in West.

Oi vey vat a bargain.

jews (Goldman Sachs) created a bubble in the stock market using cheap credit and fraud and wrecked the economy

the exact same thing happened during the sub prime mortgage crisis 90 years later

rollingstone.com/politics/news/the-great-american-bubble-machine-20100405

the more things change the more they stay the same

They touched it
Capitalism's greatest strength is that it is self repairing.
Literally every time anyone has ever "attempted to fix it" or "help it" when the economy is doing bad the entire system implodes. There were literally 3 other economic scares exactly like the depression in the two decades prior to it happening and yet there was no Great Depression any of those times because it was left alone to work itself out like it was invented for.
That time Jews decided to "fix it" knowing it would fuck everything up and then they decided to extend it for several years until WW2 came along and then they coasted the MIC to keep the size of the economy as well as people to regulate it at the same levels as if we were "still in a depression".
Jews literally did it on purpose
You can go type the great panic into Google and you'll get plenty of examples of what happens when you don't touch capitalism and let it do its job

the idea is to substitute "bitcoin" for the Federal Reserve Bank.
It's the same principle.

rollingstone.com/politics/news/the-great-american-bubble-machine-20100405

>This great Hindenburg of financial history has a few features that might sound familiar. Back then, the main financial tool used to bilk investors was called an "investment trust." Similar to modern mutual funds, the trusts took the cash of investors large and small and (theoretically, at least) invested it in a smorgasbord of Wall Street securities, though the securities and amounts were often kept hidden from the public. So a regular guy could invest $10 or $100 in a trust and feel like he was a big player. Much as in the 1990s, when new vehicles like day trading and e-trading attracted reams of new suckers from the sticks who wanted to feel like big shots, investment trusts roped a new generation of regular-guy investors into the speculation game.

>Beginning a pattern that would repeat itself over and over again, Goldman got into the investment trust game late, then jumped in with both feet and went hogwild. The first effort was the Goldman Sachs Trading Corporation; the bank issued a million shares at $100 apiece, bought all those shares with its own money and then sold 90 percent of them to the hungry public at $104. The trading corporation then relentlessly bought shares in itself, bidding the price up further and further. Eventually it dumped part of its holdings and sponsored a new trust, the Shenandoah Corporation, issuing millions more in shares in that fund — which in turn sponsored yet another trust called the Blue Ridge Corporation. In this way, each investment trust served as a front for an endless investment pyramid: Goldman hiding behind Goldman hiding behind Goldman. Of the 7,250,000 initial shares of Blue Ridge, 6,250,000 were actually owned by Shenandoah — which, of course, was in large part owned by Goldman Trading.

>The end result (ask yourself if this sounds familiar) was a daisy chain of borrowed money, one exquisitely vulnerable to a decline in performance anywhere along the line. The basic idea isn't hard to follow. You take a dollar and borrow nine against it; then you take that $10 fund and borrow $90; then you take your $100 fund and, so long as the public is still lending, borrow and invest $900. If the last fund in the line starts to lose value, you no longer have the money to pay back your investors, and everyone gets massacred.

>In a chapter from The Great Crash, 1929 titled "In Goldman Sachs We Trust," the famed economist John Kenneth Galbraith held up the Blue Ridge and Shenandoah trusts as classic examples of the insanity of leveragebased investment. The trusts, he wrote, were a major cause of the market's historic crash; in today's dollars, the losses the bank suffered totaled $475 billion. "It is difficult not to marvel at the imagination which was implicit in this gargantuan insanity," Galbraith observed, sounding like Keith Olbermann in an ascot. "If there must be madness, something may be said for having it on a heroic scale."

>Fast-forward about 65 years. Goldman not only survived the crash that wiped out so many of the investors it duped, it went on to become the chief underwriter to the country's wealthiest and most powerful corporations. Thanks to Sidney Weinberg, who rose from the rank of janitor's assistant to head the firm, Goldman became the pioneer of the initial public offering, one of the principal and most lucrative means by which companies raise money. During the 1970s and 1980s, Goldman may not have been the planet-eating Death Star of political influence it is today, but it was a top-drawer firm that had a reputation for attracting the very smartest talent on the Street.

>lol don't regulate the jew banks, silly goy

fuck off, satan

>Stole
It was literally given to them by Britain and the Allies were rightful owners of it since they won the war. Roaches living there did the exact same thing except instead they killed anyone who got in their way and then said it was their land just because. Palestinians were literally a desert nomad tribe of merchants who said fuck it and settled there when they finally ran out of places that would allow them to stay(gee who does that remind you of)

Jews have literally done nothing wrong

It was the creation of Federal Reserve Bank finally catching up with Jewish speculation after post-WW 1 boom, but that's a long topic if you want to read about it.
You had the Jews get together and literally "create" money that they then lend to the US Gvt. Congress does not print or control US money, the Jews do through the Federal Reserve.

>Being ancap
Kill yourself cuck

They even popularized the idea of "conspiracy theories" to preemptively debunk the idea of conspiracies in their cattles' heads. The moment bluepilled goyim suspect something is off, images of tinfoil hats and crazy people being mocked make them second guess their own intuition.

The kikery is vast and runs deep. I used to wonder what the elites had their think tanks/secret R&D work on. Now there's no question that for the past few decades they've drawn up plans of mass subversion and global domination.

wtf are you talking about

Ancaps are against regulation

All banks create money out of nothing

the problem is when the people they lend it to (in modern times blacks, illegals, immigrants, etc) can't pay it back

youtube.com/watch?v=-KRi9nF8BiA

so basically what you are saying is it was the jews?

I understand zionist history and the Balfour Declaration.
At day's end, it was psychotic Jew terrorists from the Irgun (who were also fighting the Brits, e.g. King David hotel bombing)chasing Arabs into refugee camps in Gaza.

Jews

>alestinians were literally a desert nomad tribe of merchants
Patently false Hymie. Read the life story of Abu Nidal, the son of the wealthiest Sand Nigger in Palestine that owned all the orange groves who became the greatest jew-fighting terrorist ever.

>captialism fixes everything
>not government intervention and lawmaking

Heh, read the history of the SEC.

Buying on margin. Huuuuuge margins. No other answer is more responsible.

>t. economist

Jews

>All banks create money out of nothing
It's an entirely different concept from the Federal Reserve System.

Please don't speak didactically to me when you are retarded.
thank you.

Yeah that's what I was getting at. It's pretty much the definition of evil genius; changing public opinion so that the search for the most pure thing on this planet (the truth) is enough to warrant almost complete social exclusion.

People speak about 'hiding your powerlevel' on Sup Forums and there's a lot of meming about it but it's something everybody who has learned the truth has to do in order to keep their sanity. It's not easy though, there's nothing harder for a man to do than not speak the truth when he sees his country being destroyed by lies.

The federal reserve aka jews

The Federal Reserve (originally) existed to act counter cyclically when the banks fucked up to help the economy recover

Then the jews took over the FED and now it acts pro cyclically meaning it actively makes recessions worse in order to enrich wall street banks instead of punishing them for their jewish usury tactics.

Your mom+ Jews

If Trump forsakes us then it's really lost. If things get bad enough we'll all have to go innawoods