Poor people

You mean the depression caused by the government through the federal reserve? That wasn't capitalism. That was statism.

 

The right says no. Gov't can't do anything.

 

I mentioned 3 reasons. There are more, I'm sure. Not just the 1 thing you highlighted.

 

True. But you can look it up quite easily.

 

My main premise is that because of epigenetics, there are genes that become activated due to the environment that causes people to either breed with abandon, or breed conservatively. This is because when resources are limited, it is best to limit those resources to a small number of children.

My second premise is that because of the welfare state, the least productive people are given an unlimited amount of resources which make breeding more beneficial than parenting.

My conclusion based upon those two premises is that the welfare state pushes poor people to breed with abandon. Out of a brood of a dozen, maybe only three will be successful for the poor, while those of us who are not on welfare have to ensure that at least two out of three will be successful.

In the end, we both have two kids who have managed to successfully reproduce. The welfare state is sucking my resources that I would normally use for my own children to reach puberty in order to produce a dozen illiterates, out of which maybe three make it to puberty, thus allowing them to reproduce, while allowing 9 to go the way of the dodo.

You're breeding the idiocracy.

 

What exactly caused the 1930s depression in your world?

 

Unions. The are not very popular. Mostly do to their stubbornness. But that is why middle America was good.

 

The federal reserve's monetary expansion. Everybody knows this.

Edit: Among other government causes.

 

Not asking for your opinion.

 

But you did: "What exactly caused the 1930s depression in your world?"

 

I don't breed that is your fallacy of assumption..

 

the 1929 stock market crash, duh..

 

Which was caused by the federal reserve's monetary policy during the 20s

 

http://www.thebubblebubble.com/roaring-twenties-bu
By the middle of the decade, the economy had once again become sluggish as the Reserve banks relaxed requirements for credit and more than $500 million was created in new money. Loans totaling more than $4 billion were made available to the American public. The hope was that such measures would stimulate the economy; however, the opposite occurred as more and more consumers took on an increasing amount of debt and the price of stocks and real estate began to skyrocket. In 1926, Coolidge supported the Revenue Act, which reduced taxes on individuals with higher incomes but offered little relief to middle-income families (Chris Butler, 2007)

Credit expansion. But not the fed reserve. Banks in general. Without any gov't protections.

 

"as the Reserve banks relaxed requirements for credit"

Edit: Have you ever heard of 'unit banking' laws?

 

https://www.thoughtco.com/causes-of-the-great-depression-104686
5 reasons according to this site. Stock market was only 1 of the reasons.

 

Yes I know but from what I see they can't handle more than one item at a time.

 

Next they will say that FDR caused the Great Depression.

 

Don't forget poor farming practices which resulted in the dust bowl that hurt all of that property that banks had invested heavily in.

 

It wasn't poor farming practices it was the destruction of prairie grass that held the soil in place.

 

Is there a difference?

 

Not the Federal Rerserve.

 

The federal reserve is the reserve bank in the united states. What other reserve bank could you think they were referring to?

And have you ever heard of 'unit banking' laws?

 

Well then you had better talk with those who are discouraging affordable contraception

 

You can get a 36 count of Trojan condoms on Amazon for $13.77.