Connecting WWI to subsequent gov growth/influence in our lives; how soldiers got shafted
Author, G.F. Smith, doesn't relate the saga of how US investors in high-interest, German/Austrian post-war bonds, leading to an outflow of US gold to Europe--nor how the June 2929 Young Plan pause of bond redemption/interest payments, making $2B in these US-held German/Austrian bonds virtually worthless, led to the deflationary spiral that closed hundreds of US banks and savings-&-loans, the vanishing of American gold-standard bank accounts, and, ultimately, the stock-market crash of October 1929 and the early 1930s. (You can find more of this grand-scale tragedy in Schuker: file:///C:/Users/potos/Downloads/schuker.pt1.american-reparations-to-germany-1919-1933%20(1).pdf )
I've read of the Bonus Army and its demise. Sickening that such an "army" was even needed in the USA.
Recently, powerful central government has also become responsible for those as well.
DC NIFO