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How the Depression of 1920 Was Conquered

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Here’s my most in-depth discussion of the Depression of 1920, which reversed itself in the face of dramatic government budget cuts and a Federal Reserve that did not use its money creation powers. The article is a more formal version of my presentation at the Mises Circle in Colorado Springs back in April:

Why You've Never Heard of the Great Depression of 1920 | Thomas E. Woods, Jr.

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