Did government intervention caused the great depression of the 30's or not?

Discussion in 'Economics' started by Debaser82, Apr 2, 2009.

  1. With the G20 happening all them leaders are like no no no we are not going to make the same mistakes as we did back then doing nothing just sitting on our hands we are going to take decisive action this time bla bla bla

    Then you have all those guru's (accidentally bullish on gold and bearish on stocks and economy?) who say government intervention will only make things worse as it did in the 30's...

    But wait... They did nothing back then and that is what caused the great depression Mr Shiff and Mr Rogers!


    Wat's going on here?

    These gurus talking their books here or do they have a point and are our politicians trying to rewrite history?