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Martin Wolf on Trump's Shakeup of the Global Order

Odd Lots

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The U.S. and the Fall of the Gold Standard: A Historical Analysis

This chapter examines the United States' historical challenges in maintaining the gold standard during key economic crises, especially the Great Depression. It highlights the U.S.'s resistance to changing its monetary policy in response to global pressures and compares its actions to those of the UK, ultimately leading to the gold standard's demise.

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