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====== Interest Rates During the Great Depression ====== | ====== Interest Rates During the Great Depression ====== | ||
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In spite of speculation in Wall Street and the rise in assets prices, In 1927 the FED implemented tighter monetary policy. The rise in rates didn't let to less speculation in Wall Street, but did have an impact in foreign debtors. | In spite of speculation in Wall Street and the rise in assets prices, In 1927 the FED implemented tighter monetary policy. The rise in rates didn't let to less speculation in Wall Street, but did have an impact in foreign debtors. |