Indeed, @natterjee thanks for spotting this link. 1920-21 deflation was a turning point that ramified through the Imperial and global economy. South Africa, India etc. Gopal Balachandran’s John Bullion’s Empire excellent on this point.
amazon.com/John-Bullions-… twitter.com/natterjee/stat…
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…