Banking Act of 1935 + Fed’s Exercise of This Authority = New Deal Policy

“Defenders of the current orthodoxy, however, tend to pooh-pooh explanations such as mine. My story pertains to why the post-1933 recovery was such a drawn-out affair - I call this aspect of the Great Depression the Great Duration. In response to my claims and my evidence in support of them, the mainstreamers might (and at certain Web sites actually seem to, as it were) engage me in a dialogue as follows.…”

Rest of Article Here

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"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." ~ Schopenhauer

“How fortunate for leaders that men do not think.” - Adolf Hitler

"We should never forget that everything Adolf Hilter did in Germany was 'legal'" - Martin Luther King Jr., from a Birmingham jail, April 16, 1963.