X @Nick Szabo
Nick Szabo·2026-02-21 00:38
RT Handre van Heerden (@Handrev)The 1920-21 depression was arguably more severe than 1929's initial crash - unemployment hit 19%, industrial production collapsed 32%, and wholesale prices plummeted 37%. Yet this economic catastrophe has been virtually erased from mainstream economic education because it demolishes the British pedophile John Maynard Keynes' narrative that government must intervene to save capitalism from itself.President Harding did the unthinkable by modern standards: absolutely nothing. No ...