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Articles tagged with: Federal Reserve

Stock Market Crashes »

Posted on 8 Apr 2011 | 9,415 views
Dollars Purchasing Power After the 1929 Crash

The purchasing power of the US Dollar after the Great Depression, forwarded most notably by economists Milton Friedman and Anna Schwartz, involves the quantity theory of money. According to this theory, most of the depression’s severity was caused by poor decision-making at the Federal Reserve.

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Posted on 5 Mar 2011 | 46,290 views
Wall Street Lays An Egg 1929 Stock Market Crash

That was the famous headline in Variety magazine after Black Tuesday in 1929, when the stock market crashed. The term originated in the late 1800s in vaudeville and was extended to non-theatrical failures in the early 1900s.