The chart
shows that the peak price levels were practically the
same during the War of 1812, the Civil War, and
the World War; and it shows that practically con-
tinuous declines, for about 30 years, the
first two wars.
shows that the peak price levels were practically the
same during the War of 1812, the Civil War, and
the World War; and it shows that practically con-
tinuous declines, for about 30 years, the
first two wars.
Louis Brandeis - 1914 - Other People's Money, and How Bankers Use It
