1 août 1929 - Roaring Twenties reached its peak
Description:
The economic activity during this time reached record highs but soon after that, it started to contract. That same month, the Fed raised the discount rate from 5 percent to 6 percent to prevent inflation and defend the gold standard.Ajouté au bande de temps:
Date:
1 août 1929
Maintenaint
~ Il y a 95 ans