[littlestymaar]

This was a super messy economic era for the US with a shit ton of economic crisis and monetary issues were a big part of the mess, that's why the Fed ended up being created.

[WalterBright]

Most of that was due to the government's attempts to manipulate the money, such as bimetalism.

We've also had quite a history of crashes, crises, inflation, etc., since the Fed was created.