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bennesvig · 2012-11-04 · Original thread
The government helped create and prolong the great depression, from my understanding.

Great book on the subject:

"As already noted, major factors bringing on the Great Depression were the severe monetary contraction that the Federal Reserve presided over, unit banking laws that made it almost impossible for small-town banks to diversify their portfolios, high-wage policies that made it more expensive for employers to hire people, the 1930 Smoot-Hawley tariff that throttled trade, and the 1932 tax hikes that took money out of people’s pockets."

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