> But what conditions made deflation and growth possible together in the 1920s? a) It was a correction to the very unusual war years, which saw unprecedented l

> But what conditions made deflation and growth possible together in the 1920s? a) It was a correction to the very unusual war years, which saw unprecedented levels of government investments, price controls, and money printing b) It also led to a lot of money getting invested in dubious overseas markets, which directly led to the Great Depression