"On the monetary policy side, Roosevelt abolished the gold standard and—even more importantly—announced the explicit objective of inflating the price level to pre-Depression levels. On the fiscal policy side, Roosevelt expanded real and deficit spending, which made his policy objective credible."I thought the chart below was effective:
Economists often describe the regime uncertainty created by FDR's policies. Does anyone know of any charts illustrating regime uncertainty between 1930 and 1934?
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