||4 of 4 people found the following review helpful.| The Gold Bug Bites|By T. Graczewski|The central thesis of this book is that the gold standard, “far from being synonymous with stability, [was] itself … the principal threat to financial stability and economic prosperity between the wars.” Paradoxically, the prevailing conventional wisdom at the time was that the opposite was true: only gold could achieve s|||"A brilliant new book."--Newsweek||"Very highly recommended."--Choice||"Important and convincingly argued....Even those who are not sympathetic to the arguments and conclusions of this book will agree that it is destined to be an important
This book offers a reassessment of the international monetary problems that led to the global economic crisis of the 1930s. It explores the connections between the gold standard--the framework regulating international monetary affairs until 1931--and the Great Depression that broke out in 1929. Eichengreen shows how economic policies, in conjunction with the imbalances created by World War I, gave rise to the global crisis of the 1930s. He demonstrates that the gold sta...
[PDF.pt49] Golden Fetters: The Gold Standard and the Great Depression, 1919-1939 (NBER Series on Long-term Factors in Economic Development) Rating: 3.98 (692 Votes)
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You can specify the type of files you want, for your gadget.Golden Fetters: The Gold Standard and the Great Depression, 1919-1939 (NBER Series on Long-term Factors in Economic Development) | Barry Eichengreen. Which are the reasons I like to read books. Great story by a great author.
