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Franklin Delano Roosevelt First Fireside Chat The Banking Crisis

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National Recovery Administration \* Computer Voice

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Fireside Chat 04 - On Economic Progress *Computer Voice (October 22, 1933)

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In the midst of discouraging economic news reports, Roosevelt tries to paint a positive picture of economic progress, emphasizing the NRA and AAA. The President also outlines a strategy for inflating currency to increase commodity prices, a policy he would later abandon after it failed to have the desired impact.