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> And the longest period of economic contraction in the US happened before the Fed Even with the contraction, the overall expansion between the Civil War & the
by briantakita 6y ago
> And the longest period of economic contraction in the US happened before the Fed
Even with the contraction, the overall expansion between the Civil War & the creating of the Fed was still unprecedented & has not been matched since. Good thing the Fed was created just in time to finance the World War 1 resulting in over 20 million deaths. Interesting coincidence...
> (which isn’t an acronym, so all-capsing it just makes you look like a kook)
Wow, I look like a "kook" for all-capsing FED? Hah, I'm obviously not fitting in with this crowd. Perhaps you could have picked up on a different detail...
- dragonwriter 6y ago> the overall expansion between the Civil War & the creating of the Fed was still unprecedented That’s...not surprising given the way postwar expansions tend to work and the impact of the Civil War. > Good thing the Fed was created just in time to finance the World War 1 resulting in over 20 million deaths. Interesting coincidence... How is the link you are insinuating between the creation of the Fed and WW1 supposed to work, exactly?