Stock Market Today

（i have most effects… so what i really need most, is the causes

please and thanks to all posts!）

Answer ：
What caused the stock market crash in 1929 was the asset bubble created by the Federal Reserve in the 1920′s. That period was called the Roaring 20′s because of the economic boom fueled by the ease of lending and credit. Its exactly what has happened today with the housing bubble and the bad loans made today. The exact same thing was was done in the 1920′s and the whole asset bubble came crashing down in 1929 and led to the Great Depression.

The cause of the boom in asset prices and the bust as a result of the deleveraging was the ease of credit created by the Federal Reserve. The result of the market crash was wealth destruction just like today. As long as we have dishonest money and the money isnt real we will continue to have this. Only people who own real money (gold) are not effected by the wealth destruction of this crash. The same was true in 1929. But in 1933 everyone had what savings they had left confiscated and that savings was given to the Federal Reserve who still owns it today. This time it wont be a gold confiscation it will be the forfieture of your IRA’s and 401k’s to fund government spending. Congress has held hearing into doing exactly that.

Study all you can about the Great Depression and the real reasons it happened. We are living it today. The causes are the same but the effects are different because of the total fiat money system we have today.