Tag Archives: boom

Our Coming Economic Collapse, Part 4: Lessons from History

Our Coming Economic Collapse, Part 4: Lessons from History

The last century proved that the economic recovery requires a liquidation of the market.  In 1916, the U.S. was on the verge of entering World War 1.  President Wilson needed access to the Fed’s ability to create money to fund the war.  The Federal Reserve Act was revised to allow the Fed to hold treasury

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