"Období levných peněz" v USA jako cesta k Velké hospodářské krizi?

I devote to the phenomenon of the easy money policy in my diploma thesis. The hypothesis, which consists in that, if the easy money policy, which was enforced shortly after its origin in 1913 by Federal reserve system (Fed) in the narrow coordination with the Department of Treasury, represented one of the primary cause of the Great Depression. I analyse, what participation on easy money policy had the institutional and personal anchoring of the Fed distinguished by especially low level of an independency of the American central bank on political authorities. If the easy money period, when it came most intensively to the enforcement of the easy money policy, belongs stricktly to the era of the 20s or if this occurance in American economy could had been observed already after the establishment of the Fed, thus for instance during the World War I. Indeed, I elaborately examine the instruments and resources, in which was pursued the easy money policy and I do reveal, why this way of monetary expansion was enforced ,what they did follow and in fact what they achieved. I focus on the impacts of the easy money policy in particular sectors of the American economy. Also, I appraise the influence and responsibility of particular public officials and their enforcement, existence and length of a duration with focus on the republican Presidents of 20s Warrena G. Harding, Calvin Coolidge and Herbert Hoover, but in particular on the Secretary of Treasury Andrew Mellon and director of the most famous New Yorker's subsidiary of Fed Benjamin Strong and in this way their long-term cooperation. The primary aim of my diploma thesis is in revealing participation of the easy money policy in the development of the American economy in 20s especially the scale, which contributed to break out the Great Depression.