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Old 03-18-2016, 07:12 AM
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nailer nailer is offline
Rational Anarchist
 
Join Date: Jul 2014
Location: DFW
Posts: 7,323
Quote:
Originally Posted by icenine View Post
He was making the point to FDR that the banks were a part of the process of coming out of the Depression as much as his New Deal programs...cooperation was in order during the 30s.

The banking system is the American economic system...it would be like shutting down your central nervous system and then asking you to run a marathon without it.
Are you referencing Keynes' 2/1/38 private letter to FDR? (http://www.fdrlibrary.marist.edu/abo...eynes_1938.pdf)
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Last edited by nailer; 03-18-2016 at 07:48 AM.
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