David Stockton steps back a century

 In short, the Great Depression was a unique historical event owing to the vast financial deformations of the Great War——deformations which were drastically exaggerated by its prolongation from Wilson’s intervention and the massive credit expansion unleashed by the Fed and Bank of England during and after the war.

It is well worth the time to read Stockton’s article in full as it condenses a lot of information into a single article. The rise of the oligarchy started with the trusts, but the pivotal events were in the 1910s – the manufactured WW I, debt enslavement of Western countries, the establishment of the Federal Reserve, and the slide into the Orwelian 1984, which I date as November 1963.


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