Great. So we are in agreement. 19th century banking was not 'like a yoyo' it depended on lots of factors and was the opposite of a yoyo in some places. The US

Great. So we are in agreement. 19th century banking was not 'like a yoyo' it depended on lots of factors and was the opposite of a yoyo in some places. The US history of banking is really a fucking mess. Its a travesty. This is a fun little podcast about banking history in the US: - https://soundcloud.com/macro-musings/hughrockoff https://soundcloud.com/macro-musings/hughrockoff