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American Default
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Updated: 7 Feb 2024
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The untold story of how FDR did the unthinkable to save the American economy.
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Balaji Srinivasan
Entrepreneur
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90 years ago, the US government responded to a series of bank runs by shutting down banks, defaulting on bonds, breaking contracts, centralizing control, seizing gold, and crashing the economy into the ground until the start of a new world war.
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