Re:Bill Gross – Banking/finance “permanently damaged” [pdf]
by paulryanrogers on Friday March 04, 2016 @08:00AM
(#11223445)
"The phrase "money is the root of all evil" only exists for a reason..."
And all this time I thought it was "love of money"
Like boots and shoes and clothes and pots?
Those are all directly applicable items of need - as opposed to headphones and phones and laptops and (name electronic product)...
So what items were a glut in ~1930 that would have contributed to this?
My skepticism tells me it was financial speculation, and not physical goods that had more an impact.
And even if I were correct, which I do not know, I'm amazed that there was enough thought in the space to create such a depression.
The phrase "money is the root of all evil" only exists for a reason...