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The greatly increased consumption of alcoholic beverages is very largely a direct result of the increased purchasing power created by wartime expenditures. ↗
#alcoholic beverages #beverages #consumption #created #direct
You know, when my dad was a racing fan in Australia he would follow Jack Brabham and sometimes only hear if he won two days after a race - when the result finally appeared in his newspaper. These days I can tweet something and it's all over the world in seconds. ↗
Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933. ↗
