When Washington Shut Down Wall Street: The Great Financial Crisis of 1914 and the Origins of America's Monetary Supremacy
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Book Overview
When Washington Shut Down Wall Street unfolds like a mystery story. It traces Treasury Secretary William Gibbs McAdoo's triumph over a monetary crisis at the outbreak of World War I that threatened the United States with financial disaster. The biggest gold outflow in a generation imperiled America's ability to repay its debts abroad. Fear that the United States would abandon the gold standard sent the dollar plummeting on world markets. Without a...
Format:Hardcover
Language:English
ISBN:0691127476
ISBN13:9780691127477
Release Date:January 2007
Publisher:Princeton University Press
Length:240 Pages
Weight:0.52 lbs.
Dimensions:0.9" x 6.0" x 9.3"
Related Subjects
Business Business & Investing Economic History Economics Finance Money & Monetary PolicyCustomer Reviews
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