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How the Gold Standard Works (Real World Economics)

Ryan, Peter

 
9781448812721: How the Gold Standard Works (Real World Economics)

Sinopsis

This book explains what the gold standard is and how it assured long-term price stability. Readers will learn why the standard broke down during World War I and why America stopped using it—and how it has affected our economy ever since. Detailed but uncomplicated language, in both the narrative and sidebars, explain financial concepts in an engaging way.

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Reseña del editor

Discusses the history of the gold standard, how it affects the daily exchange rates and valuations of currency throughout the world, and the future of the gold standard in the world economy.

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