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American Default: The Untold Story of Fdr, the Supreme Court, and the Battle Over Gold
Sebastian Edwards
(Author)
·
Princeton University Press
· Paperback
American Default: The Untold Story of Fdr, the Supreme Court, and the Battle Over Gold - Edwards, Sebastian
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Origin: U.S.A.
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Synopsis "American Default: The Untold Story of Fdr, the Supreme Court, and the Battle Over Gold"
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 US dollar in relation to gold, effectively annulling all debt contracts. From FDR's order for Americans to sell the government all their gold holdings to the Supreme Court confrontation that threatened to finish the New Deal, American Default provides a compelling account of an economic and legal drama that embroiled a nation.
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All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
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