The Mechanics of the War Economy- Ray Dalio

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greymithril  posted on  2020-03-30

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alb_d  commented on  2020-04-01

Did not know it was illegal for US citizens to hold gold from 1933 to 1974.


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alb_d  commented on  2020-04-02

During world war II, US top marginal tax rate was 94%!.
During world war I, US top marginal tax rate was 77%.


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alb_d  commented on  2020-04-02

"While this was just around 15% of the total cost of the war, with the very high war costs it meant German currency in circulation rose 599% during the war (by contrast Britain saw an increase of 91% and France of 386%"


Greenback (1860s money) - Wikipedia

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alb_d  commented on  2020-04-02

Salmon P. Chase - Wikipedia

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alb_d  commented on  2020-04-02

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alb_d  commented on  2020-04-02

JP Morgan Chase is named in his honour.


What coronavirus means for the global economy | Ray Dalio - YouTube

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alb_d  commented on  2020-04-11