Normally as my readers know I do not post in entirety someone else work.
Milton Friedman stated the primary cause of the Great Depression was the Federal Reserve's monetary policy failure, particularly its contraction of the money supply, rather than the Smoot-Hawley Tariff Act.
Milton Friedman stated the primary cause of the Great Depression was the Federal Reserve's monetary policy failure, particularly its contraction of the money supply, rather than the Smoot-Hawley Tariff Act.