The Ongoing Battle Against Inflation: A Task to Remember or Forget?
Republished with full copyright permissions from The San Francisco Press. In November 1932, Franklin D. Roosevelt emerged victorious in the presidential race, defeating Herbert Hoover against the backdrop of the Great Depression. With the nation facing immense hardships, the urgency for change motivated voters like never before. Roosevelt wasted no time and, within his first “hundred days,” proposed and successfully implemented a comprehensive program of economic relief and reform known as the New Deal. While some of its components faced initial challenges from the Supreme Court, the New Deal managed to provide some respite during the initial years. However, by … Continue reading The Ongoing Battle Against Inflation: A Task to Remember or Forget?

