الأهم من ذلك، في الثلاثينيات، في فترة الكساد الكبير، كان الاحتياطي الفيدرالي، على الرغم من تفويضه، سِلبيًا بشكل كبير، ونتيجة لذلك، أصبحت الأزمة المالية شديدة للغاية، واستمرّت بشكل أساسي من عام 1929 إلى عام 1933.

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