http://perfecteconomy.com/wp/2008/07/11/differences-between-the-first-and-second-great-depressions/ the singular integral solution to inflation, deflation, intrinsic manipulation of the value of money or property, and inherent, irreversible multiplication of debt in proportion to a circulation. Tue, 02 Dec 2008 12:39:07 +0000 http://wordpress.org/?v=2.3.2 http://perfecteconomy.com/wp/2008/07/11/differences-between-the-first-and-second-great-depressions/#comment-47 DIFFERENCES BETWEEN THE FIRST AND SECOND GREAT DEPRESSIONS? Fri, 11 Jul 2008 20:35:31 +0000 http://perfecteconomy.com/wp/2008/07/11/differences-between-the-first-and-second-great-depressions/#comment-47 [...] unknown wrote an interesting post today onHere’s a quick excerpt Many people, and particularly many ostensible economists, presume to our peril that the First Great Depression was caused by the stock market crash. The peril of this presumption is that in thinking a consequence is the cause, we fail to perceive the real cause, or its solution. The stock market crashed in 1929 because of the same multiplying indebtedness per real value and potential capacity to service debt which spans the breadth of the pretended economy now. Although the Great Depr [...] […] unknown wrote an interesting post today onHere’s a quick excerpt Many people, and particularly many ostensible economists, presume to our peril that the First Great Depression was caused by the stock market crash. The peril of this presumption is that in thinking a consequence is the cause, we fail to perceive the real cause, or its solution. The stock market crashed in 1929 because of the same multiplying indebtedness per real value and potential capacity to service debt which spans the breadth of the pretended economy now. Although the Great Depr […]

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