A Bretton-Woods-style settlement and a Marshall-Plan-equivalent after WWI might have averted the Great Depression and possibly WWII, but while economically plausible on Keynes's own terms, its political plausibility was nil because there were too many dead Frenchmen and Englishmen to generate sympathy for aiding Germany.
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Eric RauchwayEvidence Quote
“the political plausibility of it is nil”
Created: 6/17/2026, 10:09:28 AM
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