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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Molson Hart‏ @Molson_Hart 23 Sep 2018
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      This is a pretty interesting wiki article. Apparently, recessions were much more frequent in the 1800s than the 1900s. https://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States …

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    2. Molson Hart‏ @Molson_Hart 23 Sep 2018
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      Recessions in the past 200 years seem to fall into these categories: 1. Loss of confidence in currency from counterfeiting 2. Constraint of trade (war or tariffs) 3. Massive inflation caused by lack of confidence in the currency 4. Loss of confidence in the banks i.e bank runs.

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    3. Molson Hart‏ @Molson_Hart 23 Sep 2018
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      5. Deflation (this is a big one prior to about 195)) 6. Supply constraints for important commodities (i.e. oil) 7. General fear and loss of confidence (September 11th)

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    4. Molson Hart‏ @Molson_Hart 23 Sep 2018
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      I don't understand inflation prior to the ending of gold convertibility. It seems like early American money was issued by semi-private banks and that this inflation was caused by a lack of confidence in their sustainability? Looks like whatever goes on in Hong Kong.pic.twitter.com/JmGfpxRUK3

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      Molson Hart‏ @Molson_Hart 23 Sep 2018
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      Maybe it was something like this? I guess the modern equivalent would be someone finding a rumpled up bitcoin password in an old jacket from 2011.pic.twitter.com/pBHQCsfoKU

      9:14 AM - 23 Sep 2018
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