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Posted on 14 Apr 2011 | 12,622 views
Depression of 1920-1921 Deflationary Recession and Panic

The Depression of 1920–21 was an extremely sharp deflationary recession in the United States, shortly after the end of World War I. It lasted from January 1920 to July 1921. The extent of the deflation was not only large, but large relative to the accompanying decline in real product.

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Posted on 14 Apr 2011 | 5,699 views
How the British Started Wall Street Panics and Depressions With Economic Warfare

The British had a long track record of using the London Bank Rate — rediscount rate of the Bank of England — for financial and economic warfare against the United States. The periodic “Panics” and “Depressions” of the nineteenth century were more often than not caused by deliberate British sabotage.