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|User Info||THE NATURE OF MONEY PART 2...; entered at 2010-11-03 08:59:49|
Registered: 2007-07-07 Cape Cod
I do not present anything as my "belief" "Belief" without evidence is delusion. I am not delusional and yes, the banks did and do this intentionally and have many times throughout history.|
As to the quantity of money question?...yes, you are correct. The fed controlled the money supply during the depression. They contracted money and that caused the run on the banks. That is how and why we have 4 money center banks today that control the vast bulk of all the money in existence.