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1929 refuted the notion that “what goes down will come back up.” Society in the US pushed hard for decades to investigate and protect against similar market con
by ianai 4y ago
1929 refuted the notion that “what goes down will come back up.” Society in the US pushed hard for decades to investigate and protect against similar market conditions through banking regulations and oversight. Galbraiths work is worth reviewing on this. (The sad truth is much of those safeguards were dismantled by the 50s.)
Definitely history worth studying.