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To: Claud B who wrote (746)11/1/1997 3:12:00 PM
From: Tommaso  Read Replies (1) | Respond to of 1267
 
The Federal rserve was set up in 1913.

What the fed did following the crash --most people think-- converted the crash into the Gret Depression. They contracted the money supply--or failed to cause it to expand--in the early 1930s.