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cover of episode The Stock Market Crash of 1929 – Part 2: Age of Illusion

The Stock Market Crash of 1929 – Part 2: Age of Illusion

2022/2/23
logo of podcast Conflicted: A History Podcast

Conflicted: A History Podcast

AI Deep Dive AI Chapters Transcript
People
H
Herbert Hoover
J
John Brooks
J
John Kenneth Galbraith
K
Karen Blumenthal
L
Liaquat Ahamed
M
Maury Klein
M
Michael Perino
S
Scott Nations
Z
Zach Cornwell
Z
Zachariah Chafee Jr.
匿名作者
查尔斯·米切尔
Topics
Liaquat Ahamed:一战对全球经济造成毁灭性打击,为美国经济的崛起和华尔街的中心地位奠定了基础。 Zachariah Chafee Jr.:美国成为世界上最富有的国家,为20年代的经济繁荣奠定了基础。 Jesse Livermore:凭借其敏锐的洞察力和对市场数据的分析,他预见到了股市崩盘,并通过做空获利。他认为股市如同人体,需要医生(投资者)去诊断和预测。 查尔斯·米切尔:国民城市银行的总裁,以其乐观和积极的姿态推动了股市繁荣,但其行为也助长了投机行为,最终导致了危机。他认为政府不应干预市场。 蒙塔古·诺曼和本杰明·斯特朗:两位中央银行行长之间的友谊影响了全球经济政策,他们对金本位制的坚持和对利率的操纵,间接导致了股市泡沫的膨胀。 罗杰·巴布森:经济学家,其对股市崩盘的预测引发了市场恐慌性抛售,加速了崩盘进程。 欧文·费雪:耶鲁大学经济学教授,对股市崩盘的预言持否定态度,认为股市已经触底。 Herbert Hoover:总统,他观察到公众的贪婪和对暴富的渴望,使得利率调控无效。 John Kenneth Galbraith:经济学家,他认为股市繁荣的本质是投机,任何冲击都可能导致其崩溃。 Maury Klein:历史学家,他指出国民城市银行的投机行为以及企业将资金注入贷款市场加剧了股市投机。 Michael Perino:历史学家,他描述了查尔斯·米切尔及其国民城市银行的规模和影响力。 Gordon Thomas 和 Max Morgan Witts:历史学家,他们详细描述了查尔斯·米切尔及其销售团队的运作方式以及国民城市公司销售的大量风险投资。 John Brooks:历史学家,他分析了国民城市公司与国民城市银行的关系以及美联储在危机中的作用。 Scott Nations:历史学家,他指出美联储降低利率加剧了投机泡沫,以及投资者错误地认为股市会一直上涨。 Frederick Lewis Allen:历史学家,他认为公众对股市繁荣的盲目乐观难以改变。 Tom Rubithin:传记作家,他揭示了杰西·利弗莫尔私生活中的混乱以及其对情妇的经济支持。 Karen Blumenthal:历史学家,她描述了股市繁荣的规模以及美联储在危机中的不作为。 Pat Bologna:华尔街擦鞋匠,他作为一名投资者,亲身经历了股市繁荣和崩盘。

Deep Dive

Chapters
The American public is unaware of the impending economic disaster in the Fall of 1929, captivated by high share prices and optimistic Wall Street figures.

Shownotes Transcript

*As economic disaster looms in the Fall of ‘29, the American public is blissfully unaware, entranced by stratospheric share prices and the sunny proclamations of Wall Street cheerleaders. Jesse Livermore, the infamous “Boy Trader”, follows his hunches and prepares for the coming catastrophe. The Federal Reserve, rudderless and impotent after the untimely death of its leader Ben Strong, sits on its hands. “Sunshine” Charlie Mitchell, chief executive of the country’s largest bank, injects fresh life into the boom as the stock market bubble inflates to dangerous heights of make-believe. *

SOURCES:

Ahamed, Liaquat. Lords of Finance: The Bankers Who Broke the World. 2009.

Allen, Frederick Lewis. Only Yesterday: An Informal History of the 1920s. 1931

Blumenthal, Karen. Six Days in October. 2002. 

Charles Rivers Editors. Jesse Livermore. 2021.

Charles Rivers Editors. Wall Street. 2020.

Galbraith, John Kenneth. The Great Crash 1929. 1955.

Galbraith, John Kenneth. A Short History of Financial Euphoria. 1990.

Geisst, Charles R. Wall Street: A History. 1997.

Klein, Maury. Rainbow’s End. 2001. 

Morris, Charles R. A Rabble of Dead Money. 2017.

Nations, Scott. A History of the United States in Five Crashes. 2017.

Parker, Selwyn. The Great Crash. 2008.

Perino, Michael. The Hellhound of Wall Street. 2010.

Rubython, Tom. Jesse Livermore: Boy Plunger. 2016.

Thomas, Gordon. Morgan-Witts, Max. The Day the Bubble Burst. 1979.

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