Archive for November, 2018

Who Caused the Great Depression

November 21, 2018

“Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve System. I would like to say to Milton and Anna: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again.” – Ben Bernanke



to add

Fault Lines

This time is different

no banks collapsed in canada

Federal law limited brick & mortar branches.  Banks in crop areas instantly went belly up when drought struck due to lack of diversity forced by government.