This book, first published in 1992, explores the role of the
Federal Reserve System in the Great Depression. Several theories of
the causes of the Great Depression are discussed. What the Federal
Reserve did, how they defended their actions, and how business
writers, businessmen and economists viewed these actions are
important. Analysis of these opinions sheds light on how aware of
the appropriateness of Federal Reserve policy concerned
participants of that time period were.
General
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