/biz/ - Business & Finance

The great depression was completely created by the government.

If the federal reserve didn't exist, taxes weren't increased to almost 100%(and they were actually at those levels unlike in the 1950s), spending wasn't increased by a ginormous amount, insane levels of economic controls and regulations which basically destroyed most business activity wasn't enacted and the new deal wasn't passed....

....then the 1930s in america would have been the most prosperous time in american history and we would be like 4 times as rich as we are now, today.

We would probably have a 2 day work week from that level of economic production.

Discuss.