4min chapter

Invest Like the Best with Patrick O'Shaughnessy cover image

Christopher Cole – Small Bets, Huge Payoffs - [Invest Like the Best, EP.13]

Invest Like the Best with Patrick O'Shaughnessy

CHAPTER

What's the Difference Between Hitler and the Great Depression?

i don't think there is a hitler if there's not a ymar republic hyper inflation in the early twenties. The late thirties as an example of why we need more stimulus to day. And i definitely thinkth there could be more fiscal stimulus to day, that's maybe the difference between that period and now. But beyond that, i think what got us out of the great depression is that we won a world war. I mean, this seems to be the thing that none of the economists seem to take note it really, really helps your economy when, a, you have an existential threat over seas, and you respond to that through massive production potential on global scale.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode