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Episode 185: The Depressing Results of Great Depression Policies

Words & Numbers

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The Fed's Responsibility for the Great Depression

The Fed's performance after the stock market crash from 29 to 32, 33 was abysmal. The Austrians have long argued that the 20s were a period of excessive credit and expansion. If we're disabusing people of commonly held assumptions, I'd at least like to get to Herbert Hoover for a moment,. right?

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