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A comment on Real-time market monitoring finds signs of brewing U.S. housing bubble. Parent comment
False, false, and false.
"Despite the creation of the Fed, a wave of bank runs resulted in massive bank failures over the period 1930-1933."
https://sgp.fas.org/crs/misc/R41887.pdf , pg. 9
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False, false, and false.
"Despite the creation of the Fed, a wave of bank runs resulted in massive bank failures over the period 1930-1933."
https://sgp.fas.org/crs/misc/R41887.pdf , pg. 9