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Decreasing the money supply causes recessions and depressions. There is no difference between a recession and depression except for the amount of money in circulation. If the U.S. constitutional banking system our founding fathers created was followed ,there would be no recessions nor depressions in America. Congress would be sure that there was an adequate supply of money and not allow one group to manipulate the money supply and profit from debauching it. It is the banks policy to create recessions in order to increase their profits. Did the banks create the 1929 depression? Congress man Louis Mcfadden chairman of the house committee on banking and currency from 1920 to 1931, accused the Federal Bank for creating the cash It was not accidental. It was carefully contrived occurence.... The international bankers sought to bring about a condition of despair here so that they might emerge as rulers of all of us. How did the Banks create the great Depression? From 1923 to 1929, through alleged loans, the Bankers increased the money supply by 62%. Easy money created a business boom. Banks created money and loaned it to Borrowers wishing to buy stock. You could by 1000.00 in stock for 100.00 down and finance the other 900.00 with a 24 hour call loan from the Bank. The stock prices went up and up, Fueled by the money that the banks created and loaned out money to buy stock. The insiders sold teir stock at a great profit and bought goverment bonds or held cash, waiting for the crash. In unison, the banks called in the 24 hour broker call loans due. The non Bankers were forced to sell their stock to pay for the loans. Everyone sold and the crash began. Withinh a few weeks, 3 billion of wealth vanished. Those who were on the inside, Those who sold their stock before the crash and held the cash, now bought comapnies for 10 cents on the dollar. Great fortunes were made at the misery of others. Between 1929 to 1933, the Federal Reserve Bank reduced the money supply by 33%, thereby creating the Great Depression.