The Gold Standard: Intuitively Attractive. Factually Idiotic /// Glass Stegall Act

The U.S. economy was in recession 52% of the time from 1874 to 1933, when the U.S. abandoned the gold standard. Since then, the economy has been in recession just 16% of the time. The Atlantic

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In the century prior to Glass-Steagall law, the United States experienced economic meltdowns every 15 years.

Following Glass-Steagall, the United States avoided  major financial calamity for 50 years straight.

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The Glass Stegall Act

https://en.wikipedia.org/wiki/Glass%E2%80%93Steagall_Act

"Why Glass Steagall Deserves A Second Look"

http://www.bloomberg.com/news/2013-07-17/remember-why-glass-steagall-was-passed.html

Senator Elizabeth Warren's brilliant advocacy on behalf of Glass Stegall restoration
http://paxonbothhouses.blogspot.com/2013/07/senator-elizabeth-warren-reduces-cnbc.html