Re: causes of the depression

On Apr 29, 4:53 pm, orangata...@xxxxxxxxxxxxxx wrote:

So, the cause of this depression and just about all other recessions,
depressions and downturns are the banks inflating and restricting
credit.

It's so hard to believe that a single factor could be the cause of
recessions.

Why isn't land taxation the key factor in the cause of recessions.

Or in the current case, why isn't it the Iraq war?

--
Ron

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