Scott Sumner has a excellent post on events 80 years ago and the comparison with the situation today.
I share Scott’s view of the dismal situation 80 years ago and today.
See my posts on the issue from last week here and here.
All posts tagged Hoover Moratorium
80 years ago – history keeps repeating itself
Posted by Lars Christensen on November 2, 2011
https://marketmonetarist.com/2011/11/02/80-years-ago-history-keeps-repeating-itself/
The Market Monetarist- Re-visiting R*: Close to the end of the hiking cycle for the Fed
- US inflation set to fall sharply in the coming quarters
- Recession or not? Answering a question the Fed should not care about
- Milton Friedman commented on Powell’s Fed in 1978
- Carl Bildt is puzzled – he should read an economics textbook
- US domestic spending – a closer look at the 2021-22 data
- A simple model for inflation that Jerome Powell should understand
- Interview with RIAIntel
- Hetzel on “Learning from the Pandemic Monetary Policy Experiment”
- The Fed is still way behind the curve – what an “implied NGDP level target” is telling us
The Market Monetarist 