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In the Great Depression prices fell. (In Britain, for example, between late 1929 and mid 1932 prices fell by about 33%). That was one of the big problems at the time, as it encouraged people to postpone non-essential purchases and investment, which in turn led to further falls in prices.

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βˆ™ 16y ago
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βˆ™ 16y ago

0.08%

http://inflationdata.com/Inflation/Inflation/Cumulative_Inflation_by_Decade.asp

http://inflationdata.com/Inflation/images/charts/Articles/Decade_inflation_chart.htm

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βˆ™ 15y ago

It was super super super super bad.

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Q: What was the inflation rate during the Great Depression?
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We were on the gold standard then. No fiat currencyhttp://inflationdata.com/inflation/images/charts/Annual_Inflation/inflation_Cumulative.htmI don't think there was much inflation after the depression. During the depression there was deflation. The economy recovered slowly so there was no spike in inflation.


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