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Iirc our post gold standard crises have been nominally at least near as bad as the great depression. Of course we have much,much better infrastructure, healthc
by dnautics 5y ago
Iirc our post gold standard crises have been nominally at least near as bad as the great depression. Of course we have much,much better infrastructure, healthcare, communication, etc, which economists tend not to take into account for how there aren't a starving people dying in the streets. None of that matters, it's all the stewardship of the fed.
- billytetrud 5y agoI'd love to see that analysis if you can find the source.