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Special Assignment (Crash of `29) #56904

ABC Evening News for Tuesday, Oct 30, 1979
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(Studio) Report introduced
REPORTER: Max Robinson

(NYC) Stk. market activity in early October this year recalled. [CARTER - comments on market] Questions remaining with regard to collapse of stock market in 1929 noted; films shown. [Economist Robert HEILBRONER - says no one knows why crash occurred.] Changes in exchange system since crash detailed; basic pts. listed on screen. Cushions against recurrence of stock market crash outlined. [HEILBRONER - discusses relationship between inflation and Possible crash.] [Economist Milton FRIEDMAN - comments.] [Federal Reserve Bd. chairperson Paul VOLCKER - says he doesn't worry about repeat of `29; explains.] Unlikelihood of recurrence cited.
REPORTER: John Martin

Reporter(s):
Martin, John;
Robinson, Max
Duration:
00:04:50

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