Quote from: RealBitcoin on June 20, 2015, 06:42:45 PM

Quote from: deisik on June 20, 2015, 02:50:58 PM

It was not me who raised the topic of the 1929 crash, but I can assure you the 1929 crash was not because of "money printing and pumping up the stock market" with the newly printed money. In fact, if government did actually print money (as you pretend it did), the consequences of the stock market crash wouldn't have been so dramatic and catastrophic...

The stock market crash of 1929 was just a trigger

Really? So you are saying print money to pump up the stock market and don't let it crash eh? It will crash in the next century but not this one...

The stock market crash of 1929 was not because the US government had been printing money and pumping up the stock market with the newly printed money. Where did you get this idea from?

Quote from: RealBitcoin on June 20, 2015, 06:42:45 PM

The stock market crash was the result of money printing, because otherwise it would have not created a hyperinflation. Money doesnt evaporate, it only changes hands, if the a bubble burts the inflation flows back into the economy.

I see that you are bitterly confusing some historical events. Back in the 1930s not only was there no hyperinflation but just inflation was not present. The CPI (Consumer Price Index) was at a level of 17.3 in September of 1929, and by March of 1933 it had fallen to a level of 12.6. This amounts to a deflation rate of 27% and an increase of 37% in the purchasing power of the US dollar...