(This tactic would be repeated after the 2008 crisis.) As The Nation put it...
Citations (1)
- All the Presidents' Bankers: The Hidden Alliances That Drive American Power whole source · open book
(This tactic would be repeated after the 2008 crisis.) As The Nation put it, “You can lead a horse to water but you can not make him drink, and you can offer the banks limitless Federal Reserve credit, but you cannot make them lend.”34 Discount rates were eventually lowered to 2.
chapter: Chapter 6: The Early 1930s: Tenuous Times, Tax-Evading Titans