American Default: The Untold Story of FDR, the Supreme Court, and the Battle Over Gold

by Sebastian Edwards

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The untold story of how FDR did the unthinkable to save the American economy

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, he depreciated the U.S. dollar in relation to gold, effectively annulling all debt contracts. American Default is the story of this forgotten...

Format:Hardcover

Language:English

ISBN:0691161887

ISBN13:9780691161884

Release Date:May 2018

Publisher:Princeton University Press

Length:288 Pages

Weight:1.38 lbs.

Dimensions:1.2" x 6.3" x 9.4"

Related Subjects

Business Business & Investing Economics History Political Science Politics & Social Sciences

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American Default: The Untold Story of FDR, the Supreme Court, and the Battle Over Gold

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