It all began before the Civil War

The Depression ended with the death of FDR

Why simple Truman stopped what FDR was doing period

The only reason the event lasted as long as it did was from the

Constant government intervening once government stopped

Intervening then the depression stopped too

 

Bingo you nailed it,

The reason capitalism stalled an was sidetracked

Was the motive for profit....once government takes away the reward
then their is no motive for further work ...


It is. The main principle why socialism an. Communism always fail
the govt doesn't make the proper decisions when they need too be made

Because their is no risk or punishement when the wrong. Decision is made
they just go steal more hard earned. Money

Too throw at the problem the freemarket will solve on its own or the business
that act improper will be banished from the market by their own doing

The risk,reward profit motive is the only reason people work period

And the govt. Has no risk like private sector does they wont have too deal
with the conquences of the actions of bad decisions

Where as everyone in the private sector can be fired or go outta of business

 

From my perspective, it was the structural changes (changes to the equilibrium of that "natural" rate of unemployment during the Great Depression), that involved massive amounts of public sector intervention to accomplish, is what helped the US out of the Great Depression; even after it was over.

Hoover Dam is one example. It is still making money for the public sector and requiring labor from the private sector.

 

I agree to disagree with this line of reasoning and form of moral from an Iron Age. Simply increasing the circulation of money in money based markets does not require a work ethic to engender a positive multiplier effect.

 

The public works never produces real employement once the project is done then so is the job.

So with the slight of. The hand of government meddling. They really killed two birds with one stone

But they were still at the starting blocks once the project was over

This is keynsian economic theory you advocating for

Take from groups A too give too group B

Once group B is done with project both groups are without work/money
while. Achieving nothing expect making the problem exacerbated
the length of the pain of the downturn

Once true employement thru private means an capital is reestablished
the worker of what every trade will gain monies

Thru trade in various forms

Govt spending will not ever end unemployement never has never will

Keysnes believed the growth or bubble or upswing in a economy should continue forever no matter what

And that is false...because it doesn't shed the bad business that are left hanging like giant cancerous leeches, or zombies like all the banks in Japan from their modern woos
Of trouble

Once things hit bottom an reset then eventually growth can begin

Just like in nature thing as born they grow then they die

A cyclical process repeating to infinium

Their are certain laws of this world that can't be denied or broken
like the laws of nature and physics

For every action their is a equal an lesser reaction

Samething with economics in various ways

 

How do you account for Hoover Dam or the benefits of improved education from the public works projects from that era?

 

How do you account for a positive multiplier effect in any form of investment in the general welfare from public sector intervention in private sector markets?

 

Its not possible because of the very detailed micro economics

That is going on all the time any true productive freely agreed upon
transaction is disabled .by the government forcing a market too function
unnaturally it is a rigged game

Without the government transferring the product of labor from group A
too group B then group will always be unemployeed

by the private sector allocating the investment or purchase
it sees fit when it is either duely needed or wanted that
is a purchase. Done by choose not force

That Is like the broken window theory....its great for the window maker if people run around breaking windows ....it benefits one person at the expense of all others

For instances I would like too buy a new laptop,Well now I can't because my resources are drawn too a need for new window

This tranfer of capital too person B @ the cost of person A & C because now that person A has too buy the window he can't go freely purchase and growth the economy by purchasing the laptop from person C

So not only does person. A. & C lose out on this transfer of wealth/capital from those groups butt in a another same stroke the rest of the binary trades that would have attributed from this private transaction been better off

Now they must suffer @ the behest of a forced interaction of a market by government or by this case the window breakers...because their was no need for this activety too begin with so if the demand wasn't their and someone came along an forced the demand
it has a ripple effect on the true,natural freemarket of deals at the inclination of voluntary transaction and not of forced transaction

In furthermore when. Groups or person benefit individually by force of unnatural condition. Into these markets

The direct and for certain result is a double negative on both the effected parties
and eventually in trios with the previous 2 the third will suffer somewhere too from this deal by cyclical effects of propping up a false market or a house of cards

When you build you house on sand the rain will wash it away kinda like the US housing market the is a great example of how government created a market that didn't exist an when a tear came in the market it reared its ugly head too only show its true face/foundation or facade

The lowering of interest rates and easing of credit too make a boom condition for a market that wasn't real and as we see..all the industry that was built up off this false market is in the pooper and on critical life support

So without the bust of the bubble of housing the market will never correct itself and reset and start over an the business who played right and fair should rise with the leeches that were dragging down the market and those don't plan an do right will rise and should fall for precisely these reason

Once something goes you don't keep it going you shut it down and start over,move on or quit but or smarter than human masters in The Fed and DC

Know better than the market they know better than taking ch. 9,11,13 the proper too close down or wind down overstrained un overburdemed businesses

This housing crash and the motor city bailouts will come home too roost the virius is still their it ain't gone it will come back

Compunded by our federal deficits and national debts, an a picture coming too a theater near you will bee look @ Iceland,Spain,Italy,Greece,Portugal,

If debts and govern,ent spending is good and doesn't matter why are they having such a ruckus over their about the loan too greece


Remember the piper will come calling he always does an the laws of economics and nature and physics are. Similar in ways you will see

This hole debt.deficits,and soon too bee interest on the debt will make the housing market crash look like a brief glimpse of elementary school recess except this time it will bee on kegs of red bull nicotine and a bad. Drug habit

 

Long story short,their is now way too account for its good because it came at
the force of government

Like how I pointed you too The Great Depression Of 1920

No government intervention led too the quick and speedy recover

And also dawned the title of The Roaring 20's

And furthermore the twenties had the lowest recording employement figure
in a capitlist system ever 1.8%

So I can already read somewhat of retort here yes, well look what he did here and here

Well look at the true aspects of quantifyng that for me then.

We know what happened in the 20s and we know what happened in the 30s

FDR lied an said he wasn't going too what Herbert Hoover did because it had failed for him so why should he continue

Well FDR did exactly the opposite with the markets and henceforth they reacted
negatively why cause he punsihed them with his constant meddling of the system


And once FDR passed and his failed policies of central planning an record deficits spending and record unemployement numbers and lengths of unemplyement terms

So died the The Great Depression caused by the liberal hero

Hell if you don't believe me go read henry Morgantheaus writings he was FDRs
treasury secratary

See what he said about FDRs policies after 8 failed yrs. Of constant centrally planned markets and public works, national reconstruction,CCC AND ALL THOSE ACRONYMS PROGRAMS THAT DID ABSOLUTELY ZERO TOO BRING REAL FREE MARKET EMPLOYEMENT

 

From my understanding, a positive multiplier effect has to do with the circulation of money in money based markets.

 

Well. FDR also wrote and Excutive Order too confiscate all private gold

Then he and the treasury sec. Would determine what the price of gold was
going too bee for that. Day

And it was mostly FDR who wiould just say a number an that was it

Does that sound like a true free market, by the dollar being tied too gold
and having the POTUS say what. The oz. Price of gold was for the day

The meddling lf markets. Central planning only begats too
more central planning

If the effect you speak of is determined by market forces an not government
Then I would tend too lean too argument

So when the. Govt is the sole functionary of what the market should do
it isn't a good/positive effect

Because they have taken from the market too propp up a market
which would not otherwise be forth in a true market

Once the meddling of the market stops then the groups that were
propped up too begin with start showing the negative/true effects
of economic laws

Which is the transfer of A too B will led too both. A an C being less
wealthy and the true market as that small group is concerned

Is bearing a negative effect instead of the positive effect
and then the whole economy is lessened an weaker
an less wealthy from these centrally planned project
or bailout and from credit easing like with federal reserve lowering the interest rates

It leds too a boom or a false demand that would truely not be demand if it wasn't
falsely created by the busy body central bankers

And the. Politicians who are eager too fund their next big scheme or program

 

From my perspective, all we really need to do, is solve for a poverty of money in money based markets in a market friendly manner and enjoy the bliss of that investment in the general welfare; instead of merely paying for a War on Poverty and engendering those hellish conditions on Earth which can be so detrimental to the greater glory of our immortal souls.

 

It still depends if you believe govt should right the wrongs
and make the cash/credit than no that is a deal with disaster

Unless the demand is their from actual wealth threw savings
and earning then. Yes I mite tend too agree

We all suffering in this world from too easy of credit too much
Credit,loans,credit cards etc.

Not enough people are saving an hell why should the azzhat fed
just pushes the rates down too zero an will keep the false credit demand
an boom going

I hope that when this thing crashes people realize this is from making up of
Reserves,credit,easy spending policies thru the central bank

He an congress are the hole reason this bubble ain't fully burst yet.
and ontop of that they just keep a continuance of the exact same policies

That led too the first housing/federal reserve created housing bubble

 

In my opinion, simply solving for a poverty of money in our money based markets could improve our capital based system of subjective moral values, simply because more people will be better able to practice better money management and better conform to rational choice theory, as a result.

 

Be that as it may...what do you call the current situation were in

Each time the market does bad here comes bernake too the rescue
pump more credit/monies into the system

And henceforth too continue the boom just like this week bernanke said
he is gonna do more easing code talk for more supply

Even though their is no rule market demand


This will led too another bust he is just kicking the can down the road

Hoping that your rational choice theory of money an purchasning will bring us out the never ending recession/depression tht is lasting forever

People aren't going too make good spending choices until they absolutetly have too like in. The great. Depression


Now with this craxy program you speak of is outta control

What is you don't see the fallacy in our central bank,washington DC,and the budget deficits the national debt and our entitlement society


Is should be clear as day you seem too have a good understanding of a broad range of current events

So why is it you can't see government spending for via stimulus and welfare corporate and lower class

Why can't you see this parallel as the markets and value of the dollar the standard of living,the rate of inflation

Its all tied together were is this you make a distinction from govt debt good and transferring of monies from the treasury too whoever isn't bad

 

What is a "poverty of money"?

 

Iam in a state of shivering cold sweats while I do really want too hear this explanation

Of this off the wall term


BHK if I say stuff that phissies u an other people of pay it no mind
its all just for show

 

What is your opinion of our central bank doing the opposite in modern times, to what our central bank did in the era of the Great Depression?

 

A simple lack of money in money based markets.

 

The fed did the opposite in 2008 when the housing crash happend liquid of credit dried up no necessarily money markets drying up.

The fed increased the supply of credit. Too increase the ability for the inter bank lending too continue

The inter bank lending nearly halted in 2008 cause of the mania that was created which was actually alot worse than anything that had really happend

The freeze on credit lending or near freeze on credit lending is what really made the 2008 bubble look like it was gonna be the end of the world

Now back too the great depression....during that time wouldn't you know it was speculators who caused that crash too and when it hit

Overleveraging not actually having any holding of equity in the device that is used too markets activity speculation

Borrowing money for an investement too bee used like a derivative of speculation

And All the lending of credit froze up ... then ,just like in 2008 ....but this time we had an expert @ the helm of the money machine

Who wrote his thesis about the great depression....so it is impossible with him their that the banks wood do the same thing again.

So he flood the markets with more credit,lowered the interest rates and refused too let the bubble burst and hit bottom an reset the market

By liquidating bad/malinvestments and too closing up of overleveraged an overextended banks and companies


So with all that said do you believe in this floating/inflation of money supply by fiat from whoever or whenever they deem necessary too as the course should be taken

Becausewith the facts as we see the bust of a bubble is critically vital factor of economics

And without it the experts are just prolonging the inescapable fact that the market has too hit bottom....it can't grow forever no matter what

 

From one perspective, the policies of the central bank simulated what a commodity form of money would have done in the era of the Great Depression.

Now, there is no question of trying to emulate commodity forms of money and their effect on an economy through easier money policies.

 

Wrong,wrong,and wrong,

The central bank now issues money by fiat backed by what
the american worker hasn't even produced yet

You can't have more credit until the market has done what is needed too
Encourage more money and credit,thru saving and demand

Not by some grand wizard who thinks he can make the market work too a new an continued boom which is status quo

And will bee as long as they can float the currency by fiat

And will led too the eventual crash its just a matter of time

Also why do you continue too speak as if this forum
is some collegiate lecture room

 

And another thing the monetary supply was backed from a bimetalism form of safegaurd

Until FDR ISSUED HIS E.O. and conficasted gold and began floating the currency

Do you read or know of these things I point too as factual history ?

This is not an insult just curious

 

Any yet, our current average rate of inflation is only 3.16%. Doesn't that suggest that some of what you claim may not accurate?

 

Our use of fiat money since the Great Depression has not resulted in any form of hyperinflation or excessive inflation for more than a decade. How do you account for that, without the use of commodity forms of money?