the Great Depression

The Fed's classic mistake that led to the Great Depression was that it tightened monetary policy when it should have eased.

Two years ago, officials said, the worst recession since the Great Depression ended.

Senator Obama wants to raise taxes and restrict trade. The last time America did that in a bad economy it led to the Great Depression.

A CENTRAL lesson of the Great Depression was that economies mired in deep downturns seldom recover quickly on their own.

Although the Smoot-Hawley tariff did not cause the Great Depression, it contributed to its severity by provoking widespread retaliation.

Indeed, the decline in world trade in the first year is equal to that in the first two years of the Great Depression.

Despite all these good points, I have seen news reports trying to tie you to that economic chamber of horrors, the Great Depression.

"I'm not comfortable saying that we're going to end up in the Great Depression, " he told me. "I'm a reasonable person. "

What were the causes of the Great Depression, what were the mistakes, how did they get out of it?

But to cut back on government spending at a time of large-scale unemployment would ignore all the lessons learned from the Great Depression.

Put bluntly, governments have to step up to the plate, as [U. S. President Franklin] Roosevelt did in the Great Depression.

The rebound has taken many by surprise, as the world economy is still emerging from its worst crisis since the Great Depression of 1929.

near the beginning of a chain of events that led to the Great Depression, a period of economic decline in the industrialized nations.

Their different economic systems offered alternative paths to prosperity. But the Great Depression continued to cast its long shadow.

The company, launched during the worst downturn since the Great Depression, is bleeding cash as it continues to invest in the business.

This time, researchers find that life expectancy actually increased during the years of the Great Depression.

By the time World War I, the Great Depression, the U. S. economy, global exploration into the heat of the characters in the book.

Capital spending tumbled during the recession more than it had at any time since the Great Depression.

So far, it seems remarkably gentle, given that many think America is suffering its worst financial shock since the Great Depression.

Federal deposit insurance was created during the bank scares of the Great Depression.

The specter of every country trying to devalue more than competitors to spur exports stirs frightening images of the Great Depression.

Historically, it is argued that deficit financing in the 1930s did not turn around the Great Depression, and the argument is correct.

Other investors go so far as to say there's a gold bubble, inflated by the biggest wave of economic anxiety since the Great Depression.

Inequality did seem to fall in the United States after the Great Depression, but in the last 30 years it has increased enormously.

The US economy has just marked two years of recovery from its worst recession since the Great Depression.

What began more than a year ago is often described as "the worst economic crisis since the Great Depression" .

This did not stop a descent into protectionism which put the "Great" into the Great Depression.

It was the first time since the Great Depression that the Fed had made a loan like this to an entity other than a bank.

and we've seen in America frankly how. . . you know, we came out of the Great Depression through a massive public works project. . .

Over two years ago, the United States and the global economy faced the worst economic crisis since the Great Depression.

Combined, the results add to the case that the US economy could be digging itself out of the worst recession since the Great Depression.

And with the global economy in the midst of one of the deepest declines since the Great Depression, the backlash is bound to intensify.

Today, amid the wreckage of the gravest financial crisis since the Great Depression, bigness is one of our biggest problems.

Gross domestic product is forecast to shrink more this year than at any other time since the Great Depression.

If we end up like the Great Depression, absolutely no stock market strategy is going to work for the next couple of years.

Still, after the worst financial crisis since the Great Depression, economists say a few bumps are to be expected.

The U. S. economy appears to be emerging from its longest and deepest recession since the Great Depression of the 1930s.

(6) The last time the world experienced this sort of reset was after the Great Depression.

THE Great Depression and its aftermath demonstrate that there is only one way back to full recovery: through more widely shared prosperity.

To give some perspective, those unemployment levels are near where they were in the United States during the Great Depression.

Our only frame of reference for this sort of breakdown is the Great Depression.

Bernstein & Co. forecast that, in terms of loan losses, '2009 will rank as the weakest year since the Great Depression.

Since last September, the world economy has run into the most serious challenges ever since the Great Depression of the last century.

THE political and social consequences of the worst economic crisis since the Great Depression have been milder than predicted.

The new laws are the broadest reform of the U. S. financial industry since the Great Depression of 1930s .

Three-quarters of a century later, politically inspired protectionism was a worldwide response to the Great Depression.

The United States experienced such a deflationary spiral during the Great Depression in the 1930s, and Japan experienced one in the 1990s.

Most economists say the policies Washington followed during the first years of the Great Depression made the downturn worse.

She has steered Germany through the worst global financial meltdown since the Great Depression, keeping budgets down and confidence high.

By some calculations, the rate of recovery of profits from their trough is the strongest since the end of the Great Depression.

During the present crisis, arguments about what needs to be done have been framed in terms of the Great Depression.

After all, that's what policy makers did in 1931, and the resulting banking crisis turned a mere recession into the Great Depression.

Next October is generally considered to be 80th anniversary of the beginning of the Great Depression.

The worst downturn since the Great Depression is only part of the problem.

Historians note that it was the 1931 failure of an Austrian bank, Credit Anstalt, that ushered in the worst phase of the Great Depression.

The U. S. may be facing the worst financial crisis since the Great Depression, but you wouldn't know it from watching the dollar.

After the biggest meltdown since the Great Depression, economic theory tells us that world commodity prices should not be this high.

The rationale for intervening always seems to centre on the fear of reliving the Great Depression.

Right now, this country is still fighting our way back from the worst economic crisis since the Great Depression.

The acute , painful memory of the Great Depression used to enforce a disciplined and occasionally docile approach to work. . .

The Great Depression of the 1930's was a time of unparalleled financial hardship.

Worse, America's quantitative easing is now viewed as an update of the policies that marked the Great Depression.

The Great Depression took its toll on even the wealthiest and William Randolph Hearst was no exception.

That's one reason why the pace of government response may be faster today than in the lead up to the Great Depression.

By itself, the Great Recession is the longest economic downturn in the United States since the Great Depression.

After struggling through the Great Depression, World War II created jobs and brought the city out of the Depression.

All of this was a direct application of the economic concepts built on the lessons from the Great Depression.

There's no doubt the global economy is under tremendous stress with still- indiscernible consequences, but the Great Depression this is not.

In the aftermath, inflation expectations went negative, implicitly predicting deflation on a scale not seen since the Great Depression.

"Just as Austrian theory suggests, " wrote Woods, "the Fed's mischief was responsible for the Great Depression. "

Before the Great Depression of the 1930s any downturn in economic activity was referred to as a depression.

During the Great Depression, the Chicago public library was filled with readers, and I'm pretty sure you'll find the same is true now.

It is wrong in this context to believe that the only choice is further fiscal stimulus versus a repeat of the Great Depression.

They keep telling us that this is the worst financial crisis since the Great Depression.

The Great Depression ended this imitative surge in which the universal bank appeared to triumph.

By now, it's clear to everyone that we have inherited an economic crisis as deep and dire as any since the days of the Great Depression.

It was thus with acute political acumen that Roosevelt led the country through the Great Depression and to its victory in World War II.

The bad news is that this recession fully matches the early part of the Great Depression.

Federal Reserve Chairman Ben Bernanke and other economists have proclaimed the end of the worst recession since the Great Depression.

The last time house prices had fallen significantly en masse, in fact, was way back in the 1930s, during the Great Depression.

Its primary intent was to protect creditors and consumers from fraud by informal stores that popped up during the Great Depression.

The links between the Great Crash and the Great Depression have always been controversial.

A collapse of the banking system would imply a US recession on a scale unprecedented since the Great Depression.

Even with these measures, the Dust Bowl lasted about a decade and contributed to the length of the Great Depression of the 1930s.

Until the Great Depression, most economists clung to a vision of capitalism as a perfect or nearly perfect system.

They will return to economies in which bankruptcies and unemployment are about to rise to the highest levels since the Great Depression.

The challenge of raising money during the nation's most severe financial crisis since the Great Depression was daunting.

Start with economics: last winter the economy was in acute crisis, with a replay of the Great Depression seeming all too possible.

But even though the world economy is emerging from its first contraction since the Great Depression of the 1930s, policymakers cannot relax.

He ended up facing the worst downturn since the Great Depression and changing central banking in ways that will reverberate for decades.

But even though the world economy is emerging from its first contraction since the Great Depression of the 1930s, policymakers cannot relax.

He ended up facing the worst downturn since the Great Depression and changing central banking in ways that will reverberate for decades.

Assuming the Presidency at the depth of the Great Depression , Franklin D. Roosevelt helped the American people regain faith in themselves .

The last time the US experienced an outright and severe deflation was during the Great Depression of the 1930s.

The Great Depression was an economic cataclysm on a scale hard to imagine.

It wasn't the Great Depression. It was the 1981-82 recession, widely considered America's worst since the depression.

This juggernaut has decimated basic consumer protections and created the biggest gap between rich and poor since the Great Depression.

That's a scenario that played out in the early 1930s, resulting in the Great Depression and several currency crises.

With the onset of the Great Depression, it came to be seen as a depiction of steadfast American pioneer spirit.

The crisis, the worst since the Great Depression, has inflicted amnesia on some of Reagan's ideological heirs.

The price plunge has wiped out trillions of dollars in home equity and caused the worst financial crisis since the Great Depression.

The Fed's purchases have helped lower mortgage rates, making homes more affordable amid the worst housing slump since the Great Depression.

So Keynes had to produce an answer to the Great Depression, or democracy would be swamped by totalitarianism.

Those two days, known as Black Monday and Black Tuesday, burst a bubble of speculative trading and helped trigger the Great Depression.

Congress authorized a full-scale investigation of the topic back in days of the Great Depression.

Yet it seems unlikely to do nearly as much on that score as the Great Depression, which helped make high school universal.

They lived through the Great Depression and lost money in bank failures. So they were not about to trust a bank.

Particularly influential were the ideas of John Maynard Keynes, who formulated theories to try to explain the Great Depression.

Our state continues to struggle through the worst economic downturn since the Great Depression.

NARRATOR: The U. S. economy was going through the worst downturn since the Great Depression.

Amid today's financial carnage, it's worth noting that people who lived through the Great Depression were, as a whole, a frugal generation.

The global financial crisis of 2008 is a major ongoing financial crisis, the worst of its kind since the Great Depression.

UNDERNEATH the misery of the Great Depression, the United States economy was quietly making enormous strides during the 1930s.

F. D. R. was able to enact Social Security in part because the Great Depression highlighted the need for a stronger social safety net.

The first is described by the WEO as "the largest financial shock since the Great Depression" .

A commentary on the state-run news service Xinhua reminded readers that protectionism was a key cause of the Great Depression.

In City Lights he described the courage and strength of the poor in their struggles during the Great Depression of the 1930's .

In the middle of the worst economic downturn since the Great Depression, companies face a daunting choice.

Certainly Americans turned inward after the Great Depression, the last economic crisis comparable to the recent deep recession.

Bonnie and Clyde were notorious outlaws, robbers and criminals who travelled the Central United States during the Great Depression.

We don't have to go back to the Great Depression to see where this is headed.

In any case, it was not a good time to argue -- it was the Great Depression, and times were difficult.

Nevertheless, some experts see alarming parallels with the competitive devaluations and protectionism of the Great Depression.

Franklin D. Roosevelt was inaugurated as the 32nd president, pledging to lead the country out of the Great Depression.

The quarter-point increase marked an end to the rich world's longest economic stagnation since the Great Depression.

But such fears have been mitigated, for some, because Federal Reserve Chairman Ben Bernanke is himself a student of the Great Depression.

"Not since the Great Depression, " news reports keep repeating, has America's banking machinery been quite so jammed up.

We are facing the worst economic crisis since the Great Depression and John McCain wants us to turn the page on talking about the economy?

The Great Depression was caused by Fed expansion of the money supply in the 1920s, which led to an unsustainable credit-driven boom.

Grace Groner was incredibly reserved with her money, a result of living through the Great Depression.

Meanwhile, unemployment is almost 10 percent, and long-term unemployment is worse than it has been since the Great Depression.

It may be the worst job market since the Great Depression, but here is the good news: some companies are still hiring.

"Black Tuesday" is the day that the stock market crashed, officially setting off the Great Depression.

IT IS touted as the biggest overhaul of American finance since the Great Depression.

Back in the Great Depression, Washington tightened its belt with disastrous results.

this is not your ordinary, run-of-the-mill recession. We are going through the worst economic crisis since the Great Depression.

The global economy is starting to bottom out from the worst recession and financial crisis since the Great Depression.

Without doubt, this international financial crisis has landed the world economy in the most difficult situation since the Great Depression.

NR: We are going to avoid the Great Depression and a severe recession even if there is a risk of protracted slow economic growth.

I often think about parents during the Great Depression, or other unstable times in history.

AFTER the steepest decline since the Great Depression, unalloyed optimism among veteran stock market hands is hard to find.

The effect of deflation in reducing aggregate demand, known as debt deflation, probably played a significant role in the Great Depression.

Bernanke, being a self-proclaimed scholar of the Great Depression, is not going to allow another one to occur.

Some people actually became wealthy during the Great Depression because they were able to identify opportunity and capture it.

Before he could find a foothold, the country had slid into the worst recession since the Great Depression of the 1930s.

We are proposing the most ambitious overhaul of the financial regulatory system since the Great Depression.

He is an expert on the causes of the Great Depression. Yet the critics say he failed to do his part to prevent the crisis.

Talk about "a duty to die" made me think back to my early childhood in the South, during the Great Depression of the 1930s.

We are talking again of his 1936 book The General Theory of Employment, Interest and Money, which was written during the Great Depression.

The GDP is declining at the most severe rate since the SecondWorld War and rapidly nearing levels of the Great Depression.

This is the most dangerous economic crisis since the Great Depression, and it could all too easily turn into a prolonged slump.

The mother of all bear markets started in 1929, lasted at least until 1932 and coincided with the onset of the Great Depression.

His parents owned a ranch and a small grocery store, but during the Great Depression in the 1930s they lost everything.

First, global industrial output tracks the decline in industrial output during the Great Depression horrifyingly closely.

His defining contribution in economics is the distinction he drew with regard to the Friedman and Schwartz analysis of the Great Depression.

The London summit of 1933 marked the moment at which co-operative efforts to manage the Great Depression collapsed.

But the stock market collapse of 1929 and the Great Depression changed all that.

As a scholar of the Great Depression, Ben Bernanke, the Fed's chairman, will not make that mistake.

As I speak, we are on the cusp of enacting the toughest financial reforms since the Great Depression.

Other Keynesian episodes generated similarly dismal results, though fortunately never as bad as the Great Depression.

Disaster, at least on the Great Depression scale, has been averted.

The International Monetary Fund has said it's the worst financial shock since the Great Depression.

That's why Franklin Roosevelt waited until 1935, when the Great Depression seemed to be waning, to push Social Security through Congress.

It is possible. It happened after the Great Depression.

Your free-spending ways helped cause the worst financial crisis since the Great Depression.

Dubai had a flourishing pearl business, which collapsed with the advent of the First World War and the Great Depression.

It was a trip to the US in 1933, during the Great Depression, where he witnessed poverty and starvation that changed his goals.

Free-spending ways helped cause the worst financial crisis since the Great Depression.

It made me think how the great crash of 1929, or the Great Depression, must have shaped the attitudes of those who lived through them.

Economic inequality today exceeds the extremes of 1929, and job insecurity is worse than at any time since the Great Depression.

The old guy fingered his worsted wool vest and said, Well, son, it was 1932. The depth of the Great Depression. I was down tomylast nickel.

During the Great Depression, the weighted average discount rate of the seven leading economies never fell below 3 per cent.

The same happened in the United States during the Great Depression and throughout World War II.

He has since characterised the financial crisis as the worst since the Great Depression.

That was the first reduction since the Great Depression.

Right now, we're still fighting our way back from the worst economic crisis since the Great Depression.

The current financial crisis has posed the most severe challenges to the world economy since the Great Depression of the 20th century.

A ferocious monetary squeeze and competition across countries for limited gold reserves followed and contributed to the Great Depression.

During the Great Depression, hundreds of communities as strapped for cash as California is today circulated their own temporary currencies.

US lawmakers have rejected the biggest proposed government intervention in the US economy since the Great Depression of 1929.

NARRATOR: In the airline industry, the host of regulations enacted during the Great Depression were still in force.

Porco Rosso is a story set in the Adriatic in 1929, during the early days of the Great Depression and the rise of Italian fascism.

Even if this economic crisis is not as bad as the Great Depression, it will have epoch-moulding consequences.

The search for scapegoats in the worst financial crisis since the Great Depression is under way.

On [domestic] policy, have we helped this economy recover from what is the worst financial crisis since the Great Depression?

Pretty much any kind can work--what finally put a definite end to the Great Depression was military spending in World War II.

She was a product of the great depression .

With his research on the Great Depression and inflation targeting, he seems almost freakishly suited to the role of crisis central banker.

That would indeed feel like a modern version of the Great Depression.

We're already closer to outright deflation than at any point since the Great Depression.

Shouldn't we have learned our lesson from the Great Recession, just as economists did after the Great Depression?

Friedman's most famous work, A Monetary History of the United States, 1867-1960, gives an alternative explanation for the Great Depression.

It often has been said that the storm was the final push that brought Florida into the Great Depression.

The Great Depression brought an end to a long era of economic expansion and social progress since the 1890's.

Now, as in the wake of the Great Depression, a generation of investors may have become alienated from the stock market.

During the Great Depression, movies did well because they were a cheap form of escapism.

Midterm elections. The last time one party lost the House but kept the Senate was during the Great Depression.

Due to the financial repression that followed the Great Depression, banking crises were relatively rare.

But of these, six followed the Great Depression and three would have seen a lower payout on the puts than the future value of the premium.

We avoided lengthy economic contractions like the Great Depression of the 1930s and the rapid inflation of the 1970s.

But the fact of the Great Depression was only a necessary condition.

Another parallel to the Great Depression is the possibility of a massive trade war.

Stock markets plunged, and the world's economies headed into the worst crisis since the Great Depression of the 1930s.

Over the past year, the world economy has experienced the most severe challenge since the Great Depression.

Every major currency left the gold standard during the Great Depression.

The recovery was even sharp during the Great Depression years of 1934-36 until a second severe dip began in 1937.

And everybody says it's the worst economic downturn since the Great Depression.

In 1983, a young Stanford economist named Ben Bernanke published the first of a series of papers on the causes of the Great Depression.

This program helped lift the country out of the Great Depression that followed the stock market crash of 1929.

If the former wins, we will soon see a positive deviation from the path of the Great Depression. If the latter wins, we will not.

In the last century, our nascent global economy thrived despite the Great Depression.

e. g. The company was in business even in the Great Depression.

Treatment of blacks altered slightly with the great depression of the thirties and the economic boom of the wartime forties.

It should be no surprise that alcohol prohibition was repealed at the deepest depths of the Great Depression.

The FDIC is a United States government corporation created by the Glass-Steagall Act of 1933, following the Great Depression.

After the Great Depression, the GDP was used to take the stock market's temperature.

After the war, the country experienced social and economic unrest and suffered from the Great Depression of the 1930s.

But good economic news can be dangerous, as the Great Depression showed.

Once it struck, Mr. Bernanke acted boldly to soften its blow and may have prevented a repeat of the Great Depression.

Berlin expects the economy to contract by 6 per cent this year in the sharpest contraction since the "great depression" of the 1930s.

LOL I've been hearing about American Decline all my life and before that we heard about it during the Great Depression.

We inherited the worst situation since the Great Depression.

Since the Great Depression we have not seen unemployment rates this high.

I was born during the Great Depression of America. Of course, we had a very poor beginning.

In nineteen thirty-six, during the Great Depression, the average American mother gave birth to only two children.

The call of protectionism was also resisted, proof that we had learned the lesson of the Great Depression 80 years before.

No writer more vividly captures what it was like to live through the Great Depression of the 1930's than John Steinbeck.

because it was the time of the great Depression.

The Great Depression of the 1930s, however, all but required sharply unbalanced budgets, whether from Herbert Hoover or Franklin Roosevelt.

Behind the wins: a bet worth billions of dollars that America would avoid a repeat of the Great Depression.

By contrast, when we actually were in the Great Depression, President Roosevelt said: "We have nothing to fear, but fear itself. "

Born in Chicago at the depth of the Great Depression, Mr. Phelps developed an early interest in research.

The Great Depression caused a decline of tango in Argentina, but it was _(10)_ revived as a source of national pride.

By some measures, they are now more leveraged than at any time since the Great Depression.

For some, Keynes is the hero who rescued the West from the Great Depression, for others the villain to blame for the current mess.

however, previous empirical research on the Great Depression offers mixed support for this view.

Bernanke deems those extraordinary steps crucial to avoiding a repeat of the Great Depression.

When the Great Depression hit, the idea was to share work around to get more people into employment.

Much of the Great Depression's economic damage was caused directly by banking crisis.

The Great Depression in America had created a new sense of what government should and should not do.

Protectionism was prevalent during the Great Depression in the 1920s and 1930s, but it only led to grave consequences.

The Great Depression of the 1930s resulted partially from sharply declining international trade caused, in part, by high tariffs.

No one wanted to return to the closed banks, hungry children and other sad memories of the Great Depression.

Not until the Great Depression of 1929 did widespread starvation threaten the American people.

The Great Depression had started a decade before, leaving much of the world unemployed and desperate.

Then a not-so-funny thing happened on the way to rebalancing: the worst economic crisis since the Great Depression.

During the Great Depression, work was Hard to find, so Grandpa did whatever jobs he could.

Those of the 1870s and the 1930s were both known as "the Great Depression" .

During the Great Depression and the Second World War, his visionary, leadership and faith in democracy gave hope to millions of Americans.

Unemployment and inflation are both at the highest levels since the Great Depression.