3 Replies to “Temporarily Unexpected”

  1. “What the Federal Reserve does not note in its official history of the 1907 panic is that—as even Life conceded decades later—the rumours that sparked the entire affair were themselves planted by George W. Perkins, one of J.P. Morgan’s business partners. Also missing from the Fed’s whitewashed history lesson is the fact that Morgan used it as an excuse to eliminate his banking competition (the Knickerbocker Trust) and rescue his banking associates (the Trust Company of America, which had extensive ties to many of Morgan’s clients.)”

    https://corbettreport.substack.com/p/party-like-its-1907

    1. No kidding vowg. I was looking at some used Dodge Rams 1500 a 2014 with all the bells and whistles including a Hemi engine $40,000. Forty grand for an eight year old vehicle. To be fair (I guess) a new one can be $100,000.
      It makes one wonder if the price of ICE cars and trucks are being over priced to help the EV’s look more affordable.

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