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Yes, the Spanish flu led to one of the biggest economic booms in history: the roaring 20s
by tathougies 7y ago
Yes, the Spanish flu led to one of the biggest economic booms in history: the roaring 20s
- jameslevy 7y agoCorrelation doesn't imply causation. This was around the onset of mass production, electrification, and the first time that cheap credit was a thing.
- tathougies 7y agoThat's certainly fair, but the black plague also led to several economic benefits to the working and laboring class, so I do think there are typically economic benefits from a pandemic. Although, we'll see to what extent the stimulus and money creation might affect this.