Roy Young and Eugene Meyer were blamed for causing this event in a 1963 book authored by Murray Rothbard and Friedrich Hayek. This event prompted the passage of the Smoot-Hawley tarriff and the creation of the first federal deposit insurance. Before it was over, every major currency in the world abandoned the gold standard. In 2002, Ben Bernake apologized on behalf of his predecessors for causing it. Days before it began, Irving Fisher famously predicted that stock prices had hit a permanent high. This is, for ten points, what massive economic downturn that began in 1929?
Roy Young and Eugene Meyer were blamed for causing this event in a 1963 book authored by Murray Rothbard and Friedrich Hayek. This event prompted the passage of the Smoot-Hawley tarriff and the creation of the first federal deposit insurance. Before it was over, every major currency in the world abandoned the gold standard. In 2002, Ben Bernake apologized on behalf of his predecessors for causing it. Days before it began, Irving Fisher famously predicted that stock prices had hit a permanent high. This is, for ten points, what massive economic downturn that began in 1929?
Roy Young and Eugene Meyer were blamed for causing this event in a 1963 book authored by Murray Rothbard and Friedrich Hayek.