The Full Story
The Great Depression
Although history has taught us that The Great Depression was caused by the stock market crash of 1929, it was in fact the Federal Reserve that was responsible for the worst economic U.S. disaster to date.
The Federal Reserve was created to provide liquidity (money) to America’s financial system.
However, from 1930 to 1933, the Federal Reserve reduced the U.S. money supply by almost one third, instead of inflating the economy with the much-needed cash.
Fabricated booms and busts
By changing the number of dollars in circulation, the Federal Reserve has the sole control of the economic booms and busts of the U.S. economy.
Central-Bank powers allow you to crash economies and then buy businesses and homes at massive discounts from pre-crash values—making a fortune when the economy recovers.
Children picketing during the Great Depression.
PAGE 26