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So tonight I'm gonna party like it's 1929... Most US Financial regulation stemmed from Depression-era screwups. Thankfully, people-who-say-fiat are in their ow
by jowiar 13y ago
So tonight I'm gonna party like it's 1929...
Most US Financial regulation stemmed from Depression-era screwups. Thankfully, people-who-say-fiat are in their own little world that I can mostly ignore, but in the real, we're not doing much better with regards to forgetting the lessons of the depression. The 1999 Glass-Steagall repeal, for instance, was a major cause of the issues of the past decade.