Message from @Leo (BillNyeLand)
Discord ID: 546518472000012306
ok let me go grab a role
that's if hillary killed a black guy on tv
Oh
is this accurate then
Lol they have a poll for that specific instance?
no i created that
Oh
i think it's accurate
tbh georgia should be full red that's a mistake
Mine is Dem Vermont, Maryland, Hawaii, DC, CA and that’s it
CA is full of hollywood
id think it swing very very close to trump
Ha that’s basically yours
like less than 100k difference
we were close though only ca difference
i think in 2016 trump won cause people who were debating were afraid of clinton and wanted an idiot instead
from an undecided perspective
this will be some weird future shit
closest election ever
In America
Probably northern states
Alabama going blue?
Washington going red?
Alaska blue?
New York red?
A third party?
Alaska won’t go blue
@Leo (BillNyeLand) Alaska Texas Wyoming Montana North/South Dakota Minnesota Idaho
@Leo (BillNyeLand) It appears the "long depression" never actually happend
"Orthodox economic historians have long complained about the "great depression" that is supposed to have struck the United States in the panic of 1873 and lasted for an unprecedented six years, until 1879. Much of the stagnation is supposed to have been caused by a monetary contraction leading to the resumption of specie payments in 1879. Yet what sort of "depression" is it which saw an extraordinarily large expansion of industry, of railroads, of physical output, of net national product, or real per capita income [emphasis mine]? As Friedman and Schwartz admit, the decade from 1869 to 1879 saw a 3-percent per-annum increase in money national product, an outstanding real national product growth of 6.8 percent per year in this period, and a phenomenal rise of 4.5 percent per year in real product per capita."
"It should be clear, then, that the "great depression" of the 1870s is merely a myth – a myth brought about by misinterpretation of the fact that prices in general fell sharply during the entire period. Indeed they fell from the end of the Civil War until 1879. … Unfortunately most historians and economists are conditioned to believe that steadily fall prices must [emphasis original] result in depression: hence amazement at the obvious prosperity and economic growth during this era.
"
Deflation happening =/= economic downturn, deflation is a good thing aswell.
I wonder if it's the case for the other panics in that century.
And I've found it, yes it was. Older analysts relied on deflation being an effect of a depression or such
It seems the panics or recessions before the FED were much less severe and less common.
Neato
nice
@sɪᴅɪsɴᴏᴛʜᴇʀᴇ I strongly disagree.