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Książka American Default Sebastian Edwards

American Default

Autor: Sebastian Edwards
Język: Angielski
Oprawa: Twarda
Wydawca: PRINCETON UNIV PR
Dostępność: Dostępna u dostawcy
Wysyłamy za 9-15 dni
146.23 zł
The American economy is strong in large part because nobody believes that America would ever default...

Informacje o książce

Autor
Sebastian Edwards
Język
Angielski
Oprawa
Książka - Twarda
Data wydania
2018
strony
288
EAN
9780691161884
ISBN
9780691161884
Enbook ID
18210065
Wydawca
PRINCETON UNIV PR
Waga
605
Wymiary
167 x 245 x 29

Pełny opis

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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