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The Roaring Twenties (HOM 33-A)
History of Money, Lecture 33, Pt A.: following a bout of inflation in 1918 and 1919, and after a deflationary contraction / depression in 1920 and 1921, the US economy embarked on an unprecedented period of economic growth and prosperity, fueled by the business friendly, low-tax policies of Republican presidents Warren G. Harding and Calvin Coolidge (together with Andrew Mellon as Treasury Security), as well as credit friendly policies of the Federal Reserve Bank of New York. When Herbert Hoover was elected president in 1928, the economy seemed in a permanent state of increase.
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Dr. Jonathan Barth received his PhD in history from George Mason University in 2014. He specializes in the history of money and banking in the early modern period, with corollary interests in early modern politics, empire, culture, and ideas. Barth is Associate Professor of History at Arizona State University and Associate Director of the Center for American Institutions at Arizona State University.
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