3min chapter

The "What is Money?" Show cover image

The Power of Myth | The Twilight of Gold Series | Episode 14 (WiM362)

The "What is Money?" Show

CHAPTER

The Myth of the Gold Standard and the Impact of Returning to Parity

This chapter delves into the myth surrounding the gold standard during the Great Depression and the consequences of returning to gold at the pre-war value, including the general strike of 1926 and a five-year deflation of Britain's money supply.

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