Tagged Questions
7
votes
3answers
465 views
How much has U.S. currency inflated since 1792?
How much has U.S. currency inflated since the Coinage Act of 1792 established the U.S. Mint? Adjusting for inflation, what amount of modern currency would have the same buying power as a 1792 dollar?
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10
votes
3answers
412 views
Gold Confiscation Act of 1933
On March 9, 1933 Franklin D. Roosevelt (FDR) called Congress in for an emergency session, which would result in the speedy passing of the Gold Confiscation Act. According to FDR's Executive Order ...
3
votes
2answers
192 views
Based on historical experience what would happen if/when the USA/EU fell?
In this video the guy talking mentions that when empires fall. Governance tends to become more local and smallscale(warlords, feudal lords etc) because threats tend to become smallscale and local. And ...
3
votes
1answer
70 views
What were the first “Big Banks” in the United States?
The large financial institutions of the world have dominated the news cycle for the past few years, and it got me thinking, what were the first large banks in the US? I am interested in hearing about ...
2
votes
1answer
46 views
What factors enabled the New York Journal to survive the yellow journalism wars?
The height of yellow journalism was a battle waged between the Joseph Pulitzer owned New York World, and the William Hearst owned New York Journal. However, even though these two papers boasted large ...
11
votes
3answers
419 views
Did anyone warn about the potential for stock market crashes in 1929, and if so why were their warnings ignored?
I can't seem to find information about economists, or others, warning about the overheated stock market of the 1920s in the US that would culminate in the stock market crashing on Black Thursday, ...
8
votes
3answers
336 views
How did New York become the financial hub of America?
Why did New York become the financial hub of America, rather than one of the other big cities?
