On the recordMarch 30, 2009
only with the New Deal's rehabilitation of the financial system in 1933-35 did the economy begin its slow emergence from the Great Depression.
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congress.govonly with the New Deal's rehabilitation of the financial system in 1933-35 did the economy begin its slow emergence from the Great Depression.
Bernanke emphasizes the New Deal's role in reviving the economy after the Great Depression.
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Financial risk tends to migrate around regulatory obstacles like a river flows around rocks.
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