A Famous Quote…. And We Should Take Note

Posted By on November 6, 2010

Mark Twain Said That History Doesn’t Repeat Itself, It Just Rhymes. 

The events we are experiencing today look a lot like the same experiences that we had in the 1930s. There are lessons to be taken away from the 1930s that are useful in evaluating both policy and markets today. The lesson that we learned in the 1930s was not to run a restrictive monetary policy and not to allow protective barriers to go up against trade.

From an article in Barrons by LAWRENCE C. STRAUSS 

About the author

Comments

Comments are closed.

Copyright © 2024 The Stated Truth