Re:The Covid-19 pandemic is forcing a rethink in macroeconomics
by littlestymaar on Saturday July 25, 2020 @07:31AM
(#23948416)
This was a super messy economic era for the US with a shit ton of economic crisis and monetary issues were a big part of the mess, that's why the Fed ended up being created.
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Re:The Covid-19 pandemic is forcing a rethink in macroeconomics
by WalterBright on Saturday July 25, 2020 @03:36PM
(#23951780)
Most of that was due to the government's attempts to manipulate the money, such as bimetalism.
We've also had quite a history of crashes, crises, inflation, etc., since the Fed was created.