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2
votes
1answer
31 views

Inflation After Executive Order 6102 (FDR Leaving GoldStandard)

I'm looking at this image which implies that the US leaving the Gold Standard started revival after the Great Depression. I'm thinking that it could all be explained with rapid inflation due to the ...
10
votes
3answers
403 views

Gold Confiscation Act of 1933

On March 9, 1933 Franklin D. Roosevelt (FDR) called Congress in for an emergency session, which would result in the speedy passing of the Gold Confiscation Act. According to FDR's Executive Order ...
13
votes
1answer
374 views

How do Friedman and Bernanke's explanations about the causes of the Great Depression compare?

I know that both Friedman and Bernanke wrote papers (or books, in Friedman's case) about the cause of the Great Depression. How do their points of view compare and contrast?