The contraction from 1929 to 1933 was by far the most severe business-cycle contraction during the near-century of U. S. history we cover and it may well have been the most severe in the whole of U. S. history. (Milton Friedman)

The contraction from 1929 to 1933 was by far the most severe business-cycle contraction during the near-century of U. S. history we cover and it may well have been the most severe in the whole of U. S. history.

Milton Friedman

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contraction cover far history well

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