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Ten Years of Currency Revolution : 1922-1932, Paperback / softback Book

Ten Years of Currency Revolution : 1922-1932 Paperback / softback

Part of the Routledge Library Editions: The Gold Standard series

Paperback / softback

Description

Originally published in 1935, this book charts the revolution from a banking to an industrial conception of currency which took place between 1922 and 1932.

Having failed to stabilise the purchasing power of gold, General Strong stabilised the purchasing power of the dollar, an idea which was revived on an international scale by the Ottawa Conference of 1932.

The stabilisation of purchasing power, independently of gold, was subsequently adopted as the keystone of British currency policy.

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