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3min chapter
America's Great Depression | The Twilight of Gold Series | Episode 16 (WiM404)
The "What is Money?" Show
Introduction
This chapter explores how the FHA was established during the Great Depression, its intervention in the mortgage market to help homeowners, and the repercussions that followed, including the development of long-term mortgages, securitization, the housing bubble, and the government's role in private debt. The chapter concludes with the host introducing the show and discussing its sponsor-based revenue model.
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