Connections to the Present Day: The Obama administration used FDR's "Hundred Days" as a blueprint for how to handle the 2008 recession. Certain banks like Bank of America and JP Morgan Chase were deemed "too big to fail," so the U.S. government bailed them out in 2008.
The other issue in 1929 was "bank runs" or mad dashes to withdraw money from the bank afer stock markets crash. The Glass-Steagall Banking Reform Act was a relief program that was also intended to prevent this phenomenon from happening in the future.
Inflation is a continual increase in the price of goods and services, e.g. a can of soda is now $1.50 when it used to be $0.49.