SuccessfulStatement1 t1_iw5f8ip wrote on November 13, 2022 at 2:28 AM Reply to TIL JP Morgan bailed out banks in 1907 but a severe recession occured anyway. Nelson Aldrich, a powerful senator with close ties to Morgan, led a mission to Europe in 1908 to study the workings of the central banks in England, France and Germany. The Federal Reserve was created a short time later by mankls3 …. And we’ve been slaves ever since. Permalink 0
SuccessfulStatement1 t1_iw5f8ip wrote
Reply to TIL JP Morgan bailed out banks in 1907 but a severe recession occured anyway. Nelson Aldrich, a powerful senator with close ties to Morgan, led a mission to Europe in 1908 to study the workings of the central banks in England, France and Germany. The Federal Reserve was created a short time later by mankls3
…. And we’ve been slaves ever since.