The Great Depression

             After the Great Depression happened many people in the United States thought that the Stock Market crash had caused the depression but in actuality it didn't start it but it indeed help it. What were some other causes of The Great Depression then the Stock Market Crash, and what us as in people did to recover from it? I feel like there are more reasons to the Great Depression.
             It's very strange how we can hurt ourselves by trying to help ourselves. See in 1913 the Federal Reserve Bank was created to have an impact on how we manage our money at least that's what they said. In actuality it was created secretly so that the people in New York, that was already wealthy, could gain wealth easily. Eustace Mullins stated that the Federal Reserve Board, the ones that planed the Federal Reserve Banks, was made up of national financiers (2). The most important people to participate in the creation of the Federal Reserve Bank were: Nelson Aldrich, Paul Warburg, Frank Vanderlip, and Henry P. Davidson. These men plus others privately own and managed the Federal Reserve Bank. These men set it up so that they could control the United States money with a plan called the Federal Reserve Act; even though there is an amendment in the constitution that strongly states that congress would have the power to make money, make the value of the money, and etc. Instead the Federal Reserve Board somehow took over this trade and made it theirs. According to Eustace Mullins, The Glass Bill (the House version of the final Federal Reserve Act) had passed the House on September 18, 1913 by 287 to 85. On December 19, 1913, the Senate passed their version by a vote of 54-34 (27). I don't understand how congress voted for it without looking into it real good I guess Nelson Aldrich really knew what he was doing in the process of constructing the policies so that congress wouldn't notice the real meaning of the Federal Reserve Bank or who re...

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The Great Depression. (1969, December 31). In MegaEssays.com. Retrieved 14:12, March 28, 2024, from https://www.megaessays.com/viewpaper/22805.html