Re: Normalcy returns again. maybe this time it'll stick

On Sun, 8 Jun 2025 09:11:11 -0500, AMuzi <am@yellowjersey.org> wrote:

On 6/8/2025 4:19 AM, Catrike Ryder wrote:

 
https://www.smithsonianmag.com/history/warren-harding-back-to-normalcy-after-1918-pandemic-180974911/
 
https://intellectualtakeout.org/2025/06/happy-normal-people-month/
 
--
C'est bon
Soloman

>
Great example.  Mr Harding understood the usual recession
following a major conflict could be ameliorated and so he
cut Federal taxes dramatically and fired nearly half of
Federal employees.  The sharp short 1919~1920 recession was
stopped in 1921 and the country entered a dramatic growth era.
>
Britain struggled due  to maintain the Sterling/Gold rate and
suffered horribly, as did much of the rest of Europe.

And this morning I read - Traders bullish on gold at $4,000 in 3-5
years...
Apparently due to the recent lose of confidence in the dollar.
--
cheers,

John B.