@B_Eichengreen "In 1932, the Fed was unwilling to help stabilize a collapsing banking system" -> H.Hoover created the Reconstruction Finance
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@B_Eichengreen Corporation" -> "The RFC’s largest loan in the summer of 1932 was to a bank run by former Vice President Charles Dawes." -> -
@B_Eichengreen that led to confidence crisis -> resulting in the Bank Holiday of 1933. So the crisis of 1933 was Transparency Crisis? Haha!
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@B_Eichengreen: Audit the Fed? Krugman's take is here... And here's mine ..from last yr” Thank God,#Bitcoin will makenFED obsolete.#mootThanks. Twitter will use this to make your timeline better. UndoUndo
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