How the Federal Reserve Works, Part 4

Follow banking through the 1920s. An era that truly went from boom to bust, the stock market lost over 30% of its value. By 1933, the economy was still failing, and Roosevelt needed more money to pay for his large-budgeted plans. How did he pay for these grandiose plans? Watch this segment to see the scheme he cooked up to get the money he needed. This is part four of five.

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