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A comment on What Happens to Stocks and Cryptocurrencies When the Fed Stops Raining Money?. Parent comment

Re:What Happens to Stocks and Cryptocurrencies When the Fed ... by vasco on Sunday May 09, 2021 @02:59AM (#27093856)
The lesson of the Depression is that the Fed at the time sat on their ass and let the economy collapse around them instead of doing something. It had little to do with retail investor euphoria.
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Re:What Happens to Stocks and Cryptocurrencies When the Fed ... by skohan on Sunday May 09, 2021 @03:08AM (#27093892)
Surely it had something to do with retail investor euphoria...
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Re:What Happens to Stocks and Cryptocurrencies When the Fed ... by lottin on Sunday May 09, 2021 @03:26AM (#27093968)
Can you quote any economic historian that agrees with you?
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Re:What Happens to Stocks and Cryptocurrencies When the Fed ... by MR4D on Monday May 10, 2021 @10:58PM (#27113751)
I’m not the OP, but there’s a whole book on the topic. Fascinating read if you ever get the chance.

A Keystone Cops level of professionalism displayed by the central bankers at the time.

Lords of Finance - https://www.amazon.com/Lords-Finance-Bankers-Broke-World/dp/...

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Re:What Happens to Stocks and Cryptocurrencies When the Fed ... by jessaustin on Sunday May 09, 2021 @09:27AM (#27095743)
Wasn't that a synopsis of Ben Bernanke's entire output over his whole career? Personally I don't completely agree, especially as Bernanke used that theory to justify some of his own questionable actions...
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