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Didn't FDR remove MTM as an attempt to rid himself of the GREAT DEPRESSION(maybe soon thereafter)?
Mar 07 21:30 pm
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All Comments by User666777 »Mark-to-Market Accounting: Kill It Before It Eats Us Alive [View article]
So, we had MTM, a depression, then no MTM, a bull market, MTM again, another depression? MTM, the Depression maker?