Why is 706 missing from fountain?
The Great Depression had nothing to do with the gold standard if that’s what you’re implying. It was actually the first fiat debt bubble and collapse of the Fed, which had just been established and started manipulating rates. Followed immediately by the largest, sustained program of govt intervention we had ever had, prolonging the disaster for a decade.
in other words, it was entirely caused by fiat manipulation.
A good primer:
https://open.spotify.com/episode/1IzDtYJdMGZ1R8JO9Rx0EE?si=N_dGW2mRQI2FISDSe9Vl0Q
