4min chapter

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Housing Bubble Week Epilogue: Not All Bubbles Are Created Equal - Vernon Smith

The Joe Walker Podcast

CHAPTER

The Great Depression

You moved to the farm when you're about five years old. So this was 1932. What was your sense of the quote unquote, great depression at the time? I don't think people actually referred to it as the Great Depression at that point. But from the prevailing atmosphere, what do you remember about that period economically?

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