-In the 1920s, the fed has taken monetary easing policy as well as lower interest rates down low. The result of this policy was the economic boom period the period 1921-1929. Although, this policy does not increase the consumer price index but it leads to an increase in unsustainable industrial output, the value of stock and real estate prices (from 1924-1929, the stock market increased 3 times the value).
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