Baires

We were all on a gold standard in the 1930s so they were limted in what they could "print". I heard that it was the influx of gold from Europe, due to fear about the Nazis, that inflated the money (i.e. the gold) supply in the US and helped to end the Great Depression (sorry, can't remember where I heard this... was it on FSN this week?).

Also, if the banks won't lend or invest the money why are they being given it? Would have been better to let them go bust and set up some new banks and capitalise them with Government money. Is this all a stitch up to line the pockets of the monetary elites rather than a genuine attempt to help the real economy?

EC