[lbo-talk] Matter and Antimatter: How to Create aCrisis:AThanksgiving Rant
Chuck Grimes
cgrimes at rawbw.com
Thu Nov 27 14:54:19 PST 2008
```...Roosevelt's ending of the gold standard did reverse the
deflation of 1929-32, and the economy started growing again (and with
a relatively modest fiscal contribution). Growth rates in 1933-7 were
10.8%, 8.9%, 13.0%, and 5.1%. The unemployment rate fell by more than
10 points...'' Doug
-----------
Romer mentions this ending of the gold standard more explicitly a few
paragraphs above what I posted. We'll certainly find out...
Happy Bird day.
By the way, when was the last time the White House actually ate that
damned National Turkey? They must eat somebody's turkey...
CG
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