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David Frum

@davidfrum ↗

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Last Checked Dec. 15, 2021

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Fri Jun 04 18:49:17 +0000 2021

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David Frum @davidfrum

The postwar deflation pushed the United States into a steep depression: the US economy actually contracted faster (if not quite as deeply) as in 1930-33. It was this depression - not the League of Nations - that won the Republicans party their landslide in 1920. 7/x https://t.co/GMwv53LK4z — PolitiTweet.org

Posted June 4, 2021 Hibernated

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David Frum @davidfrum

The postwar deflation pushed the United States into a steep depression: the US economy actually contracted faster (if not quite as deeply) as in 1930-33. It was this depression - not the League of Nations - that won the Republicans party their landslide in 1920. https://t.co/3a5Nm9PSq7 — PolitiTweet.org

Posted June 4, 2021 Deleted Hibernated Just a Typo

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David Frum @davidfrum

Wages and prices deflated, the Federal Reserve cut interest rates in 1921. The economy revived - or rather, the US economy did. Without thinking very much about it, US authorities had triggered a *global* economic crisis. And that didn't end in 1921. 8/x — PolitiTweet.org

Posted June 4, 2021 Hibernated