Under the gold standard America had no major financial panics other than in 1873, 1884, 1890, 1893, 1907, 1930, 1931, 1932, and 1933.
I'm pretty much right on schedule. Start off slow, finish up strong. I don't know why everyone panics. I've been doing this for ten years now. Why change?
Nobody panics when things go according to plan. Even if the plan is horrifying!
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