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Summer School 4: Banker vs president and the birth of the dollar

Planet Money

CHAPTER

Understanding the Panic of 1837 and Its Aftermath

This chapter explores the economic crisis after Jackson's reelection, focusing on the Panic of 1837 and the cycle of booms and busts in U.S. history. It highlights the psychological aspects of banking and the impact of financial panics on the economy and government responses.

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