A Bubble that Broke the World
Garet Garrett
A Bubble that Broke the World
Garet Garrett
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This book, originally published in 1932, is a brilliant explanation of the 1920s bubble and the ‘30s Great Depression. Garet Garrett knew his economics like few professional economists at the time, and he explained and summarized the core problem as unchecked debt accumulation made possible by the Federal Reserve System of central banking.
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