Uncensored2008
Libertarian Radical
Not a Star Trek fan, I take it.
I caught the reference, mine is more appropriate.
Never heard of Prohibition?
Never heard it was part of Wall Street.
Unfamiliar with the term "buying on margin," too.
Maybe we can talk about kittens or something.
So you are claiming that buying on margin was the only cause the crash in 1929? It had nothing to do with capital reserves of financial institutions, or the Dust bowl destroying the futures market in grain and livestock? Nothing to do with the over extension of credit in the housing market? No impact of the quantitative easing by the Federal Reserve diluting the value of an an already unstable dollar? Taft-Hartley protectionism had no impact?
Standard Disclaimer: You would fail my final for Econ-204
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