Jim Grant is a well-known and respected financial publisher and journalist. He is about to release a book entitled THE FORGOTTEN DEPRESSION: 1921: The Crash That Cured Itself. The book details a part of 20th century financial history that most individuals know little to nothing about. In the book, Grant discusses how the government and the Federal Reserve responded to this economic crisis which ended up resolving itself relatively quickly and details how the response differed from that of the Great Depression and the recent Great Recession.
To read an excerpt from the book which will be released to the public on November 11th, click here.
Excerpt from THE FORGOTTEN DEPRESSION: 1921: The Crash That Cured Itself by James Grant. Copyright © 2014 by James Grant. Reprinted by permission of Simon & Schuster, Inc, NY.