Are We Entering a 1930s Style Great Depression?

#economy #debt #money #bank

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Today we will look at what is going on in the bond market, the economy and the financial system and try to compare it to what happened in the past to see if we can learn some lessons from yesteryear.

The Great Depression of the 1930s and the actions of President Roosevelt will be the focus. The confiscation of gold in 1933 and then the revaluation of gold in terms of currency was, in my opinion, the most powerful monetary asset at FDR's disposal.