Description
The Gold Standard Illusion is a study that examines the history of the Bank of France and the international gold standard. It argues that the Great Depression was caused by the workings of the gold standard, and provides a history of French gold policy and the Bank of France. The study also re-examines interwar bank co-operation, and looks at how gold standard rhetoric fostered misperceptions of financial problems.
Attributes the onset of the Great Depression to the workings of the international gold standard. The study provides a history of French gold policy and the Bank of France, re-examines interwar bank co-operation, and looks at how gold standard rhetoric fostered misperceptions of financial problems.