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Posts by Cainkinison

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  • No, Paul Krugman, WWII Did Not End The Great Depression

    06/25/2012 9:30:08 AM PDT · 40 of 40
    Cainkinison to MrShoop

    I am much more of a moderate then most people who post on here, but i do have a few thoughts. First i think that deregulating to much would have disastrous effects long term. Giving corporations to much power could be just as disasterous as giving government to much power. Second, all this talk bout FDR making things alot worse begs a very interesting question. If the FED did absolutely nothing, and let things develop without any interference, what would of happened if things had gotten proggressively worse? Keep in mind everyone that part of the depressions cause was zero accountability by large financial institutions. Yet we are seeing the same problem today. Far to much power in the hands of far to few people will always end in disaster!