What concerned most bankers and traditional economists about New Deal policies?

A) their potential for causing deflation
B) Their failure to consider "the forgotten man"
C) the potential of New Deal policies to anger foreign nations
D) the possibility of inflation

New Deal Policies

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States during the 1930s.

Bankers

are individuals or entities engaged in the business of dealing with money, lending, exchanging, and safeguarding funds.

Inflation

The rate at which the general level of prices for goods and services rises, eroding purchasing power over time.