 By the time he published "The Late Crisis in the Money Market Impartially Considered", he began to think that the crash was not attributable to greed-driven bankers but to a diversified financial system.While the crisis is now thought to have been caused by the transition process between war and peacetime economies, it was – at the time – blamed primarily on weak small country bankers speculating unwisely.The crash caused many families significant hardship and left them confused about what had happened.