The True Cause of the Great Depression

You can tell just how bad Greenspan and Bernanke and all the sheister ass bankers have messed the country up by visiting a thrift store or dollar store.

Once upon a time, everything at a dollar store was like a dollar. Thus the name dollar store. I know you're not dumb, but that point bears repeating. The price of all the goods at a dollar store were actually a dollar.

Until Bernanke printed two trillion dollars out of thin air. I'm too unmotivated to do exact calculations, but that's roughly $6,666 for each of the 300 million Americans. You print that much money, of course prices rise.

It's amazing and frustrating. Back in the day, I could buy 32 things in a dollar store and determining the price was easy. They were 32 dollars. Now I need a freaking abacus.

America's founders instituted gold money. Sheeple these days are so ignorant they think gold money is bad. This couldn't be further from the truth. In colonial times, the dollar was by statute a fixed weight of a precious metal. This meant that any paper dollar could be redeemed for the gold that backed it by simply bringing it to a bank. A consequence of this was that every new dollar printed had to have more gold to back it. If you printed more money but didn't have more gold to back it, you were committing fraud, and could be prosecuted when people demanded gold that you didn't possess.

Gold money prevented government from printing money. You couldn't print money without more gold, and that is hard to obtain because it must be mined. This "gold standard" thus defended the common man against rampant inflation. Inflation is increasing the supply of money, inflating it as if blowing up a balloon.

FDR confiscated all privately owned gold during the Great Depression, which resulted when Britain printed pounds far in excess of gold. It knew it would eventually face demands for pounds it didn't have, so got America to inflate its money supply, decreasing interest rates, which cause depositors to move gold to Britain seeking higher interest rates. The extra money printed was pumped into the stock market, creating the boom that caused the Depression here.

The run on the pound came anyway, Britain said up yours and shafted the world, refusing to redeem pounds for gold, and plunged the world into the Great Depression. When the run on dollars came, U.S. banks didn't have enough gold and had committed the same fraud, so FDR just confiscated all privately held gold. Problem solved. That was the end of our Founders' honest money, the beginning of rampant price inflation, and of huge corrupt government that can just fund itself by printing money. When paper money is not backed by a commodity at a fixed rate, you can print it indefinitely. Especially when all money is computer entries, and money doesn't even have to be printed, but can be conjured with one click of an enter key.

Sheeple are too lazy and stupid to learn all this. That's why I'm in a thrift store picking up bottle of cheap won't-even-bubble dish soap which used to cast $1 but which is now $1.50.