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I highly recommend ready “The Panic of 1907”. After that, I think you might come to a different conclusion.

Even if you don’t change your mind, it’s still a great read for those fascinated with panics and depressions.



Do you mean this? https://www.federalreservehistory.org/essays/panic-of-1907

Because that name is also used to describe the event, wasn’t sure if you meant a specific book or article.


Sorry, I should have included the link - I meant the book:

https://www.amazon.com/Panic-1907-Lessons-Learned-Markets/dp...




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