Author : Charles Morgan Webb
Publisher : Routledge
Page : 270 pages
File Size : 55,7 Mb
Release : 2017-11-08
Category : Business & Economics
ISBN : 9781351262118
Ten Years of Currency Revolution by Charles Morgan Webb Pdf
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.