Eli5 what protects us from having another great depression? Is it even possible for us to get there or are their measures in place to stop that ?
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By “us” I assume you mean the USA. There were some policies put in place after the depression – FDIC insurance prevents people from losing their savings if their banks fail, for example. The 2008 crisis also shows that the US government won’t allow major businesses to fail, which would help.
Also the fed has way more monetary tools at their disposal as the US is no longer on the gold standard.
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