“Very recommended. During this partaking and nicely-researched analyze, historian Christopher Shaw examines what he calls “banking politics,” the political drive rising from the activism of regular people that joined jointly to problem financial institutions.”
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Shaw reveals the shocking groundswell at the rear of seemingly arcane legislation, as well as the power from the folks to demand critical political repercussions for your banks that brought on the Great Depression. One result of this sustained interest and pressure was legislation and regulation that introduced on a long period of relative financial balance, with a lessened frequency of economic booms and busts. Ironically, this balance led towards the decline on the really banking politics that introduced it about.
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