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To: Toddsterpatriot

You make the false assumption that central banks can prevent or mitigate financial panics


68 posted on 09/20/2017 1:43:00 PM PDT by PGR88
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To: PGR88
They can make them a lot worse, like in the 30s when they allowed the money supply to shrink 33% and allowed 40% of US banks to fail.

How did that compare to 2008-2010?

69 posted on 09/20/2017 2:40:42 PM PDT by Toddsterpatriot (TANSTAAFL)
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