Hacker News Reader

Ok fine, we're in a depression. But it's the millennials' fault.

https://www.cnbc.com/2022/07/15/millennials-are-to-blame-for...

I thought it was because nobody wants to work.

Normally I dislike these kinds of quippy follow-up comments, but I think they're pretty prescient in this context. I'm tired of obviously bad things being presented with an 'and that's a good thing!' suffix.

Bernanke on the Great Depression: "Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve. I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again."

https://www.federalreserve.gov/BOARDDOCS/SPEECHES/2002/20021...

Do you know if Greenspan made any remarks explaining why he changed his mind about the gold standard[0] and embraced interest rate intervention?

[0]https://www.google.com/url?sa=t&source=web&rct=j&url=https:/...

Top 10 tricks to survive the depression and why it starts with block chain.