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  • Golden Fetters: The Gold Standard and the Great Depression, 1919-1939

Golden Fetters: The Gold Standard and the Great Depression, 1919-1939

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Barry Eichengreen presents a new analysis of the Depression by exploring the link between global economic crisis and the the gold standard (the framework for international monetary affairs until 1931). The events described had a profound effect upon twentieth-century history: the Depression abetted the rise of Hitler and the demise of the gold standard is a historical cause of inflation.
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