Quote Originally Posted by bu villain View Post
There were economic depressions regularly, you had runs on banks and panics . The whole reason the Fed was created in 1913 was in response to this.
100% false

FED RESERVE was 1913, Great Depression was the 1930s. The Federal Reserve CAUSES the booms and busts, the Fed Reserve was around during the great depression, it was formed BEFORE.

80 years? We went off the gold standard in the 70s.

What has happened to the national debt since then?

What happened to the US dollar since then?

The FED is the one artificially controlling the market, it created the 2008 BUST, it created the tech bubble, it created the 90s recession, the carter recession. I really think you guys dont know history. We boom and bust about every 10 years.