Credit Contraction and Monetary Policy During the Depression

Credit Contraction and Monetary Policy During the Depression Presentation via Paul Kedrosky's blog

A Distant Mirror

Comments

  1. Anonymous2:20 PM PST

    Gotta be careful about these graphs as WWII distorts the commodities prices and lending #s...

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  2. Distorts how? Makes the prices and lending numbers go higher or lower?

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  3. Anonymous1:19 PM PST

    manufacturing rates, commodities prices, money supply expands and lending rates go higher as the gov't took on massive debt to buy war material and hire 100s of 1000s of employees - WWII was a massive gov't stimulus package to the US economy

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