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Democracy declined : the failed politics of consumer financial protection -- Full disclosure : building the U.S. political economy of credit -- "Storming mad" but staying home : depoliticizing the American borrower -- The "horseless headmen" : consumer groups and the challenge of political...
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In the lead-up to the Great Depression, bank credit rapidly expanded and bank capital ratios declined. Banks, suffering from fallen commodity prices, failed at a high rate in the 1920s, and these failures rapidly accelerated in 1930. On January 22, 1932, the Reconstruction Finance Corporation...
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