This influential study of the relationship between the prices of gold and other commodities was originally published in 1935. In it the authors attributed the initial cause of the great depression in the US to the reestablishment of the gold standard in many European countries and resulting deflation. The authors' recommendations were successfully implemented by Franklin D. Roosevelt.
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This influential study of the relationship between the prices of gold and other commodities was originally published in 1935. In it the authors attributed the initial cause of the great depression in the US to the reestablishment of the gold standard in many European countries and resulting deflation. The authors' recommendations were successfully implemented by Franklin D. Roosevelt.
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Seller's Description:
Fair. No Dust Jacket. Size: 6" x 9"; FAIR/NO DUST JACKET, Former library book, vii, 475 pp. Text is clean and unmarked except for some minor marks on several pages and usual library treatments. Cloth boards are red with red text on cover, gold text on spine. Binding is firm.