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A comment on US Business Booms and Depressions Since 1775 (1943). Parent comment

Re:US Business Booms and Depressions Since 1775 (1943) by ThunderSizzle on Wednesday May 22, 2024 @06:42AM (#40439422)
What system collapsed due to deflation?
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Re:US Business Booms and Depressions Since 1775 (1943) by AnimalMuppet on Wednesday May 22, 2024 @08:17AM (#40440043)
I didn't say the system collapsed. I said we saw deflationary collapses within the system.

Look at the Panic of 1893, the Panic of 1907, and the Great Depression. If that's not enough, there are several others.

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