FDR VS HOOVER: WHO ACTUALLY FIXED THE GREAT DEPRESSION?

By inauguration day 1933, unemployment had hit 25% and the money supply had collapsed 30% — Hoover's three years of 'natural recovery' had failed completely. FDR won the 1932 election 57% to 39%, launched six major federal agencies in 100 days, and the Depression finally ended in 1941. But here's the twist: Hoover spent decades blaming Federal Reserve policy for the crash, and in 2002 Fed Board member Ben Bernanke publicly confirmed the Fed had made the Depression significantly worse. Hoover diagnosed the crisis correctly — he just couldn't fix it.🎧 Part of the Sleepy Stock Market series — financial history told as documentary audio.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━SLEEPY STOCK MARKETFall asleep to the greatest stories in financial history.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━#GreatDepression #FDR #Hoover #AmericanHistory #HistoryFacts #NewDeal #USHistory #PresidentialHistory #HistoryShorts #EconomicHistory