||0 of 0 people found the following review helpful.| This is a magnificent book. Well researched and documented ...|By Francisco Mariategui|This is a magnificent book. Well researched and documented, with very clear mathematical explanations regarding translation values between gold and currency denominations prevailing in 1914. Through this book, I discovered two things I never knew: 1. The stock exchange was closed between Jul|From Publishers Weekly|Professor, author and prominent economic advisor Silber chronicles an era when the U.S.'s reliance on the gold standard was leading it head-on into its first major financial crisis. The outbreak of WWI in 1914 yielded the biggest gold out
When Washington Shut Down Wall Street unfolds like a mystery story. It traces Treasury Secretary William Gibbs McAdoo's triumph over a monetary crisis at the outbreak of World War I that threatened the United States with financial disaster. The biggest gold outflow in a generation imperiled America's ability to repay its debts abroad. Fear that the United States would abandon the gold standard sent the dollar plummeting on world markets. Without a centr...
[PDF.mj57] When Washington Shut Down Wall Street: The Great Financial Crisis of 1914 and the Origins of America's Monetary Supremacy Rating: 3.68 (739 Votes)
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You easily download any file type for your gadget.When Washington Shut Down Wall Street: The Great Financial Crisis of 1914 and the Origins of America's Monetary Supremacy | William L. Silber. A good, fresh read, highly recommended.
