Post-World War I Agenda:

• Global Governance Attempt: International bankers pushed for a global government, symbolized by the League of Nations, but U.S. nationalism blocked ratification.

The Roaring Twenties:

• Economic Prosperity: The U.S. thrived with economic growth and gold inflows under Presidents Harding and Coolidge, despite post-war debts.
• Speculative Boom: Policies by the Federal Reserve inflated the money supply, fueling a credit-driven stock market surge.

Crash of 1929:

• Monetary Tightening: The Federal Reserve reversed course, tightening the money supply, leading to the stock market crash on Black Thursday.
• Accusations of Manipulation: Critics like Congressman Louis McFadden alleged the crash was a deliberate move by international bankers to consolidate control.

Great Depression Fallout:

• Economic Collapse: The crisis caused massive unemployment and financial ruin, spurring social and political unrest.
• Banking Influence: The event intensified debates about the role of international bankers and centralized banking in triggering and profiting from financial disasters.

This segment links the Great Depression to deliberate financial policies and highlights skepticism over centralized banking’s influence on economic stability.

This chapter is summarized and the video shown at: “24. the Great Depression”
Discuss it here.