[flashbunny]

" especially on the European continent, was hyperinflation."

We're not talking about europe here.

But if you want to know, a lot of protectionist laws were enacted during that period, which could have caused inflation in certain countries.

But since this discussion was the american economy, that's not particularly relevant, is it?

Seriously, try doing a little research. You're just making yourself look bad here.

The problem during the depression was not inflation, but deflation. The feds restricted the money supply. Banks failed and were not insured, leading to less money in the economy. Many people lost their jobs, and would work for anything - meaning wages lowered. It was deflation - a race to the bottom - not inflation - a race to the top.

THAT is why prices did not rise - everything was going down because there was an excess of supply in both the labor market and the consumer market (few people could afford higher prices). So that leads to deflation. In WWII, when the economy started picking up, and the labor market got stronger (more people taking part in the war), various price controls and rationing were put into place to keep the constricting supply and increasing demand from pushing prices too high.

[AmusedBystander]

The problem during the depression was not inflation, but deflation. The feds restricted the money supply. Banks failed and were not insured, leading to less money in the economy. Many people lost their jobs, and would work for anything - meaning wages lowered. It was deflation - a race to the bottom - not inflation - a race to the top.

Don't worry your head over this. President Hillary can simply do a reverse stock split on the economy and reduce all those big zeros down to $166 per person. Easy math for dumb Americans.