Monday, December 28, 2020

1929 Crash

What is never mentioned is that the Federal Reserve Bank called in all short term notes. All short term notes were at brokers and small banks that were financing 10% margins in the stock market. As soon as the brokers got the news they, next mourning, went to the market to sell. The sell of sucked in farms, homes, businesses and peoples savings to pay off the debts. Complicating the situation, the Fed restricted the money supply for the next 10 years until the war. This allowed the Morgans - Rockefellers etc bought up these companies for pennies on the dollar and destroyed 100 of thousands of people. The Fed was and is the problem
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