Paul vs Paul

[Vilifier of Zombies]

Again, FDR and his cronies wanted to continue the economy on a war time basis, Congress rejected that, freed up business, engage in a whole lot less "financial repression" and we revoered from a repression in no time and prospered..

FDR died in 1945 Chris...after - not before or during - but after WWII...

[Vilifier of Zombies]

It's just another "economics" term for government intervention.

Ever consider taking an economics class Chris?

[Peter1469]

I'd think your kidding yourself if you're thinking the Federal government (or even other countries for that matter, e.g. Japan- Finland - France - Germany - New Zealand - Sweden - the United Kingdom) didn't partake in some good ole fashioned financial repression after WWII.

I'm not saying the Federal government was micromanaging the whole shebang I am saying I'm not discounting the Federal government's involvement with liquidating our debt after WWII.

I don't disagree. And the economy rapidly recovered. The government spending necessarily had to dramatically reduce. War was over.

[Peter1469]

FDR died in 1945 Chris...after - not before or during - but after WWII...

FDR died before Truman ended WWII by dropping to A-bombs on Japan.

[Vilifier of Zombies]

FDR died before Truman ended WWII by dropping to A-bombs on Japan.

Indeed.

[Vilifier of Zombies]

I don't disagree. And the economy rapidly recovered. The government spending necessarily had to dramatically reduce. War was over.

I'm specifically referring to financial repression's role with liquidating debt - I concur that Federal government reduced it's spending because WWII to was over, that's not saying there wasn't anything to recoup in the aftermath of it all.

[Chris]

I'm specifically referring to financial repression's role with liquidating debt - I concur that Federal government reduced it's spending because WWII to was over, that's not saying there wasn't anything to recoup in the aftermath of it all.

Not saying there wasn't any, just that prosperity emerged from reduced financial repression. I'm using that term very generally, perhaps you have something more specific in mind you could share, some government policy

[Chris]

FDR died in 1945 Chris...after - not before or during - but after WWII...

Yes, meant to say his followers.

[Chris]

Ever consider taking an economics class Chris?

Too old to go back to school. Maybe after I retire. But that will be a while as I just bought a new truck.

[Vilifier of Zombies]

Too old to go back to school. Maybe after I retire. But that will be a while as I just bought a new truck.

Nothing wrong with an online class.

What kind of truck did you get?