Banking Regulation, Economic History, Inflation & Deflation, Money & Politics, News, The Fed & Central Banks
The New Deal and Recovery, Part 10: The Roosevelt Recession
By the start of 1937, things were looking up for the U.S. economy. Although the Supreme Court had struck down both the NIRA and the AAA—the chief pillars of the original New Deal's recovery plan—some time earlier, like a glider released by its tow plane, the recovery…