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Golden fetters
Book • 1992
In 'Golden Fetters,' Barry Eichengreen provides a comprehensive analysis of the gold standard's role in the Great Depression.
He argues that the interwar gold standard, unlike its pre-World War I counterpart, failed to stabilize the international monetary system and instead exacerbated economic instability.
The book explores how the gold standard constrained economic policies and contributed to the global economic crisis of the 1930s.
He argues that the interwar gold standard, unlike its pre-World War I counterpart, failed to stabilize the international monetary system and instead exacerbated economic instability.
The book explores how the gold standard constrained economic policies and contributed to the global economic crisis of the 1930s.
