In Our Time cover image

In Our Time

The Gold Standard

Jan 20, 2022
Matthias Morys, a Senior Lecturer in Economic History at the University of York, and Helen Paul, a Lecturer in Economics and Economic History at the University of Southampton, dive into the transformative impact of the gold standard from 1870 to the 1970s. They explore how gold's availability boosted world trade and currency confidence, while discussing the constraints it imposed on governments during economic crises. The conversation also highlights the gold standard's involvement in the Great Depression and its legacy in shaping modern monetary systems.
49:00

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