In this fairly long episode we discuss the various possible causes and I settle on one in particular that best explains what happened. The basis for our argument is the book by the late great Murray N. Rothbard America's Great Depression.Fable Beard Company is the official beard products company of the American history podcast. For great oils, beard balms and butters as well as beard wash and conditioner check out the link below. Use the coupon code: Shawn15 at checkout so you can receive 15% off all orders. https://fablebeardco.com/discount/SHAWN15Fable also has AMAZING CBD products, including CBD tinctures, beard butter, beard oil, beard balm and even beard conditioner/wash. You can get them with a 15% discount by following the link down below (or using Shawn15 at checkout!). Fable Beard Company CBD Support the show (https://www.patreon.com/americanhistory)