Please Crucify Me on a Cross of Gold
Here’s a random thought. The Populists of the 1890s strongly supported inflationary policies–the abolition of the gold standard in favor of bimetallism (gold and silver). The Populists of the 2010s strongly support deflationary policies–cutting spending and limiting the Federal Reserve’s power to increase the money supply through extraordinary measures. Not sure whether there is any deeper meaning to this–it just struck me as interesting.
Blogging will be light to nonexistent until after Labor Day. I’m back working on the Bingham book (I’m up to 1842) and need to prepare some talks that I’ll be giving this semester.