Golden Fetters: The Gold Standard And The Great... < 100% POPULAR >

For a deeper dive into these concepts, you can explore these resources: The Gold Standard and the Great Depression, 1919-1939

: Eichengreen argues that the gold standard was not a stabilizer, but rather the "principal threat" to financial stability. It acted as a "fetter," preventing central banks from lowering interest rates or expanding the money supply to combat the Depression. Golden Fetters: The Gold Standard and the Great...

Barry Eichengreen’s book, , is a landmark reassessment of how the international monetary system contributed to the global economic crisis of the 1930s. Key Themes & Arguments For a deeper dive into these concepts, you