American Default

Name: American Default
Brand: PRINCETON UNIV PR
SKU: 9780691161884
Price: 33.06 EUR
Availability: InStock

Autor: Sebastian Edwards

Jazyk:

Väzba: Pevná

Vydavateľ: PRINCETON UNIV PR

Dostupnosť: Skladom u dodávateľa

Odosielame za 9-15 dní

33.06 €

The American economy is strong in large part because nobody believes that America would ever default...

Informácie o knihe

Autor

Sebastian Edwards

Jazyk

Angličtina

Väzba

Kniha - Pevná

Vydalo

2018

Stránok

288

EAN

9780691161884

ISBN

9780691161884

Enbook ID

18210065

Vydavateľ

PRINCETON UNIV PR

Hmotnosť

605

Rozmery

167 x 245 x 29

Kompletný popis

The American economy is strong in large part because nobody believes that America would ever default on its debt. Yet in 1933, Franklin D. Roosevelt did just that when, in a bid to pull the country out of depression and get people back to work, he depreciated the U.S. dollar in relation to gold and annulled debt contracts retroactively. American Default is the story of this forgotten chapter in America's history. At a time when several major economies are on the brink of default or devaluing or recalling currencies, American Default is a timely account of a little-known yet drastic experiment with these policies, the inevitable backlash, and the ultimate result.

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American Default

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