re: #477 Killgore Trout

Did you find an understandable explanation?

The explanation is pretty much the lack of good bills of exchange as a result of the Great Depression. This led to a provision in the Banking Act of 1933 aka – wait for it – Glass-Steagall. It was supposed to be only temporary to get through the shortfall but was then institutionalized with the Federal Open Market Comitteee, created by the Banking Act of 1935. And it’s now used to finance budget deficits…