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by hnews_account_1 1462 days ago
Also just to be clear, almost every measure of banking and economic crisis has reduced after the advent of central banking in most countries. 2008 still happens and we should hold everyone accountable etc but if you think living pre 1971 was some dream time with everyone eating a full meal and heavy technological innovation, you’re misguided. It’s not to say the lack of innovation was a monetary issue but removing those obstacles sure as fuck didn’t hurt.