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The Bubble That Broke the World

The Bubble That Broke the World
by Garet Garrett

Publisher: Ludwig von Mises Institute 2007
Number of pages: 188

This book blows away the conventional interpretations of the crash of 1929, not only in its contents but that this book exists at all. It was written in 1931. He ascribes the crash to the pile of up debt, which in turn was made possible by the Fed printing machine. This created distortions in the production structure that cried out for correction.

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