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Yes, the period following massive government debt spending during WWII. There are unique economic and demographic factors specific to that era.
by 01100011 6y ago
Yes, the period following massive government debt spending during WWII. There are unique economic and demographic factors specific to that era.
- fuzzfactor 6y agoThe US could not have won the war without the wealth that still remained within the "fully backed" dollar even after all the shenanigans that had been pulled on the general citizens devaluing the dollar up to that point.