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Didn't that actually happen with railroads? Like, there was a railroad bubble and lots of people lost a lot of money? It happened with the Internet, too, and t
by array_key_first 4mo ago
Didn't that actually happen with railroads? Like, there was a railroad bubble and lots of people lost a lot of money?
It happened with the Internet, too, and the Internet is pretty useful I think.
- adampunk 4mo agoMost of the panics of the 19th century would have been stopped by a strong central bank, deposit insurance and fiat currency.