TakeAStepBack
Gold Member
- Mar 29, 2011
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The panic of 1907? You mean the one that was the result of a stimulus and "using the treasury as a central bank" under then sec. of the treasury Leslie Shaw two years prior? That led to a contraction that was exacerbated by the federal government allowing banks to stop payment in specie?
That one?
Surely you jest.
That one?
Surely you jest.