Was the Great Depression in the United States in 1929 inflation or deflation? Please explain.

This economic crisis.

It's caused by deflation. There are also U.S. policy reasons.

Before this crisis, the United States had been prosperous for 20 years, and the United States had a bull market that lasted for nearly 10 years, and it should be common for a recession to occur at this time, but Hoover.

** The economic policies adopted at this time are very unusual.

First of all, he signed the 'Smut-Hawley Tariff Act' to raise tariffs to protect the industry and agriculture in the United States, and soon other countries retaliated against the United States by the same means, which led to the world's **.

The collapse of the system.

Second, at a time when the United States is experiencing the worst deflation in history, the Federal Reserve.

It is also maintaining a policy of anti-inflation and economic austerity, i.e., keeping interest rates high. And at this time, Hoover even pushed Congress to pass a bill to raise the tax rate, and the increase in the tax rate was unprecedented. Many people know that raising interest rates and tax rates is the most effective means of cooling down when the economy is overheating, but Hoover doesn't seem to understand this at all, and his policies threw the US economy, which was frozen in deflation, into the cold room.

At that time, the gold standard.

There must be a corresponding ** for issuing banknotes, so the slow recovery of the economy is, of course, a contraction. Economic crisis.

You can see my blog "Donkey in the Sky".

Deflation. Earlier, Keynes said that the greatest crisis of capitalism is the lack of effective demand. If you think about it, the Great Depression, who can still afford to buy goods, of course, is austerity.

Personally, I think it is caused by the lack of deflationary demand.

It will not only lead to a lot of local prices, but also a resistance to the economic development of the United States, and the face value of the dollar will also depreciate to a certain extent. Everybody is inflationary.

It is because the paper money issued by the United States far exceeds the total amount that American citizens need to buy things in their daily lives, so after this happens, the price of goods in the United States is also very serious. In particular, it has a very big impact on the lives of American citizens.

As we all know, in the process of stocking and expanding, money is no longer as valuable as before. Therefore, some of the items that people need in their lives have generally increased in price, so the wages of each citizen are still the same as before, because the prices are different, so they spend more every month, which also causes them a certain amount of economic pressure. Therefore, if in the case of reinflation, the wages of residents are not increased, then the lives of every citizen will be greatly affected.

Inflation will also have a certain resistance to the economic development of the United States. Because of the price of goods, the pressure on American citizens to maintain basic daily life is very high, so it is very difficult for those who are unemployed to find a job that is basically necessary to maintain their lives or a job that satisfies them. This has led to the unemployment rate of citizens in the United States.

With a certain increase, this is very detrimental to the development of the US economy. Every inflation also leads to a certain depreciation of the local currency denomination, because although the money is still there, its purchasing power has been severely reduced.

In short, inflation not only has an impact on the normal life of American residents, but also increases the pressure on their lives, and is also very unfavorable to the economic development of the United States. In the face of this severe inflation, believe in the United States**.

We are also trying to find a way to solve this problem, after all, economic development is still very important for a country.

The cost of living for the American people continues to rise. The people's daily life has been unable to make ends meet, especially the crazy rise of meat and lead, which has made the people miserable, and then the ** of daily necessities such as eggs is also slowly rising.

Prices are soaring** and residents' purchasing power is decreasing. Inflation will inevitably bring about the price of the cave, which is very unfavorable to the local economy. The soaring price of Wu's shirts has led to a serious decline in residents' spending power, and many people have only bought the daily necessities they just need.

1. The impact on the economy is the first: inflation leads to a continuous rise in prices, which is not conducive to the stability of the economy and the coordinated development of the economy;

2. It has an impact on the distribution of income: inflation will depreciate the currency, and if inflation continues to occur, it may cause turmoil and insecurity to the social hardship front;

3. Impact on national bonds: if the inflation rate is higher than the return of these assets.

The reason why the United States is experiencing such a serious inflation problem this time is that there is a structural imbalance in the American economy. From the very beginning, the large-scale fiscal policy and loose monetary policy in the United States made the monetary reserves extremely insufficient, and then encountered the new crown epidemic caused a huge crisis in the domestic market economy, with an imbalance between supply and demand, and the recovery progress of enterprises could not keep up with the market demand for goods. In addition, due to the new crown epidemic, the labor force in the United States is vacant, which has led to the doubling of the salaries paid by companies to employees**, further deepening the inflation of the economy.

However, the root cause of these problems lies in the fact that the timing of the regulation and control mistakes and measures is too late. Therefore, inflation has become an established fact, and for the time being, the current US incumbent ** still does not have any effective measures to regulate the fiscal aspect. Therefore, the reason why the United States is now experiencing the worst inflation in decades is the United States itself.

The inflation problem faced by the United States is, in the final analysis, due to the fact that the Federal Reserve has rotten liquidity in recent years, especially when the epidemic broke out. The Ukraine crisis has added to the already tense international situation, which has boosted commodity markets**, which are largely denominated in US dollars.

According to a NBC poll last month, in the face of the worst inflation in the United States in 40 years, 38% of the Americans surveyed believe that the economic policies of the United States are the main culprits. This was followed by the pandemic (28%), price increases by companies (23%), and only 6% attributed inflation to the Russia-Ukraine conflict.

Inflationary reasons.

Caused by the US dollar. U.S. quantitative easing monetary policy. .

If you print too much money, it will not be worth much, like the peasants are all cabbage, cabbage is not worth much, and everything will be expensive if the money is not worth anything, this is a method in the United States, and if you don't have money, you will print money to use it yourself. The cause of inflation is economic fortunes.

The last time was from 1929 to 1933, and it was not only the United States, but also the capitalist countries of Europe as a whole.

That crisis was in line with Marx's political economy, that is, the capitalists overpossessed social wealth and overproduced in pursuit of profits, while the people were exploited and poor and could not afford to consume, resulting in overcapacity and waste of resources. One side can't sell it, and the other side can't afford it. Then there are layoffs, workers lose their jobs, and a vicious circle.

The United States is facing the worst inflation in 40 years, and this is caused by many reasons, the most important of which is its internal economic policy, and the so-called Russia-Ukraine conflict is only the external cause of this problem.

In fact, his respect is due to the fact that the United States is facing the entire global economy and finance in this situation, and we also believe that if there is no global economic crisis, the United States will not have such a serious problem, so I think we should not think that this is the best.

The U.S. is facing the worst inflation in 40 years because of the pandemic.

It is due to the consequences of the epidemic some time ago, for the sake of its own economy, it has continuously cut interest rates, which has led to the current inflation.

Regarding the question you asked, people have not risen much in prices for decades, so if it rises a little, it should be a normal thing, like eggs have been a dozen dollars for a long time, even if it rises by 100%, it will be two dollars and 12 eggs.

The United States is facing the worst inflation in 40 years, and this is because the United States has printed too much money over the years.

Yours is the one with high requirements, this quality requirement is particularly high, the number of words cannot be less than 150 words, and it must be clear paragraphs, of course, the correct must be about the same, it must be expressed in paragraphs.

In fact, this question is very easy to explain, you can think of it this way, it is precisely because your question has a certain universality, so it is recommended that you go to Bilibili or other **** search for relevant tutorials, I believe you will find the answer you need soon, I hope mine is helpful to you, thank you.

Between 1850 and 1950, inflation in the United States was 0. () Information Bureau.

a.Correct calendar shirt.

b.Mistake. Correct Answer: a

It is very easy for the United States to solve the country's inflation problem, and there are two main ways to go, one is to reduce tariffs, especially to cancel or reduce tariffs on China, so that the United States' imports of goods from China will be greatly reduced, thereby reducing the country's chain slag inflation, and it will be more difficult for the United States to do, because once it does, it means that the United States will yield to China. As a world leader, it would be embarrassing to do so.

Another way is to raise interest rates earlier, saying that the dollar is liquid, but this is also a dilemma, because it is not clear that enough leeks can be cut from more money in the world for a period of time to make up for its own economic difficulties, because China did not follow the design direction before cutting interest rates. In addition, once interest rates start to rise, there will inevitably be a rapid increase in the United States, which is unacceptable for the United States, where most of the wealth is located. Once **continued**, without enough wool to collect from all over the world, America's wealth would be greatly diminished and it would be difficult to live.

Finally, if the US does not raise interest rates, the global dominance of the US dollar could be volatile.

There is always a limit to the over-issuance of the US dollar, and it is impossible to over-issue without a lower limit, because if the US dollar continues to be over-issued, the international credit of the US dollar will face serious challenges, affecting the reluctance of many countries to use the US dollar. There are already indications that Iran will also use the yuan to calculate its oil**, while Russia plans to settle its foreign exchange reserves in euros and yuan, both currencies that the United States does not want to see, as this will greatly affect the position of the dollar.

If the United States wants to maintain the dollar's status as the world currency, it must choose the lesser of two evils, that is, raise interest rates. Because it is more important to maintain the position of the dollar and continue to harvest the world in the future than the difficulties at home. Therefore, in 2021, we do not have much hope for the **, the housing market and the commodity market, because interest rate hikes are inevitable, and future volatility is inevitable, and it is not too late to hold the cash in your hands until the US minimum investment rate is raised.

The country is experiencing record inflation. This is a prominent problem at the moment when the United States is experiencing hunger. There are a variety of causes of inflation, including labor shortages, wages, raw material costs, and even spending.

Particularly severe. Because their epidemic is relatively serious, their economic development has been hindered by some obstacles, so inflation is more serious.