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The Great Depression

  • Benjamin Roth: The Great Depression: A Diary

    Benjamin Roth: The Great Depression: A Diary
    It's all here, times change people don't -the endless govt programs that fail to stimulate the private sector -the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out -Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then highly recommended

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October 25, 2021

bitcoin Inflation

Monday Oct 25 2021

Andy Kessler has a good column comparing John Law's issue of paper money in France in  1719-1720 with what is going on in the bitcoin world today, ie, lots of bitcoin backed by nothing. Will this be a puzzle piece to the end of the bull market?

Law's issue of more and more paper money brought on a massive inflation in France at that time via his Mississippi Scheme.

What with Govt Expansion of a welfare state, FED expansion of money supply, growing inflation, a dishonest portrayal of what the Dems re passing, all time low approval of the President, gee $5 gasoline in parts of the US, what could go wrong?

Posted at 08:48 AM in Accounting Analysis |

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