In the case of the huge market crash in the 1920’s it was made clear to the government what the American people have defined the American dollar: It is the number one resource in determining the fate of the lives of our nation.
The simplest lamest terms I can really identify what happened during the crash is…. a person can not live or produce without the printed dollar sign “$1” on a piece of paper.
The production of products was always there, it just it wasn’t going to make a lot of it. The production of food was always there. Food was still able to be farmed, shipped, and distributed without skipping a beat. If only we could have taught the American people that we can still trade goods and services for other goods and services without having a piece of paper telling us how much anything is worth. It wasn’t that the American industry somehow was wiped out of everything it possessed; it was only that some large group wasn’t buying stuff that paid the “wages” of the people.
The market itself had the resources to still feed, house, educate, and produce product for everyone. The economic industry had the buildings, had the products, had the electrical capabilities, and had the food to sustain the population before some guys thought we were screwed by a number on a piece of tape.
In this desperate need to succeed we’ve limited ourselves by the stack of money we put away. Yet, what was needed to sustain life and economy has always been there to begin with.
The hunger and desperation of 1920’s has created our fear that we can not live without the market telling us what to do with our money, aka with ourselves.
There was no reason anyone should have gone hungry because the day before the nation was running perfectly. Our panic the sheer allusion of the almighty dollar crash, crushed our senses to believe our worth was based on a printed tree mush, dried up, and pressed with ink blotches.
Any future market “crash” will only make us look a fool if our own country can not sustain itself without $1 or 1cent.
The simplest lamest terms I can really identify what happened during the crash is…. a person can not live or produce without the printed dollar sign “$1” on a piece of paper.
The production of products was always there, it just it wasn’t going to make a lot of it. The production of food was always there. Food was still able to be farmed, shipped, and distributed without skipping a beat. If only we could have taught the American people that we can still trade goods and services for other goods and services without having a piece of paper telling us how much anything is worth. It wasn’t that the American industry somehow was wiped out of everything it possessed; it was only that some large group wasn’t buying stuff that paid the “wages” of the people.
The market itself had the resources to still feed, house, educate, and produce product for everyone. The economic industry had the buildings, had the products, had the electrical capabilities, and had the food to sustain the population before some guys thought we were screwed by a number on a piece of tape.
In this desperate need to succeed we’ve limited ourselves by the stack of money we put away. Yet, what was needed to sustain life and economy has always been there to begin with.
The hunger and desperation of 1920’s has created our fear that we can not live without the market telling us what to do with our money, aka with ourselves.
There was no reason anyone should have gone hungry because the day before the nation was running perfectly. Our panic the sheer allusion of the almighty dollar crash, crushed our senses to believe our worth was based on a printed tree mush, dried up, and pressed with ink blotches.
Any future market “crash” will only make us look a fool if our own country can not sustain itself without $1 or 1cent.
