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The Authors Open Chapter 17 with a Contrast Between the Fed's

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The authors open Chapter 17 with a contrast between the Fed's actions in response to the terrorist attacks of September, 2001 and its response to the financial crisis of the Great Depression. Why was the Fed successful at dealing with the crisis in 2001, and not as successful with the crisis of the early 1930s?

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The primary difference is that in the ea...

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