I would say after the civil war, up to may be 1955.
Back then a failing bank because of its malinvestment, could have only dreamt to discharge its responsibilities on the taxpayer through governmental bailout.
The highest salaries, and the lowest prices at the same time, just out of sheer productivity and concentration of capital goods.
greetings
ambrafoxtrot
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He who wants to defend everything, defends nothing
- Frederick the Great -
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