US entry into WWI assured a decisive Allied victory, but it also assured a victory for politically-connected US bankers who used the new Federal Reserve System to send newly-printed money to the Allies which quickly returned back to the US in the form of military-industrial contracts.
You May Also Like
Tech News
Image: The Verge OpenAI is planning to launch new features, products, and demos for 12 days straight — starting with the full release of...
Tech News
Image: The Broswer Company The Browser Company CEO Josh Miller teased in October that it was launching a more AI-centric product, which a new...
Tech News
Illustration: The Verge Google has introduced a new AI “reasoning” model capable of answering complex questions while also providing a rundown of its “thoughts,”...
Editor's Pick
Colin Grabow My family spent Thanksgiving in New York City, where we did many of the usual tourist things such as a picture with...