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Comment by fnordpiglet | Hacker News Reader
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fnordpiglet
·
Of course not. They’re caused by the fed.
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red-iron-pine
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Recessions and collapses happened long before the Fed ever existed, e.g. Tulips
bichiliad
·
I think the Tulip Mania, if that's what you're referring to, was a speculation bubble, whereas a recession is widespread by definition.
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