Explaining to you that downturns before the Fed were serious is contradicting myself? Please, explain how.
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I suggest "they" are losing control. When ( not if ) they do, there will be hell to pay.
For some particular reason, 80 on the dollar index seems to be some magic line TPTB will not allow the dollar to fall below. It seems to be their last line of defense. The longer we're near it, the more volatile things become.
Earlier you said that we were still under the gold standard in the Great Depression, then you contrasted the year 1913 as the year the Fed took over from the Gold Standard. So which is it? When did the Fed era begin? If not at 1913, then why have it steal 3% from us every year?