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Kniha American Default Sebastian Edwards

American Default

Autor: Sebastian Edwards
Jazyk: Angličtina
Vazba: Pevná
Vydavatel: PRINCETON UNIV PR
Dostupnost: Skladem u dodavatele
Odesíláme za 9-15 dnů
800 Kč
The American economy is strong in large part because nobody believes that America would ever default...

Informace o knize

Autor
Sebastian Edwards
Jazyk
Angličtina
Vazba
Kniha - Pevná
Vydáno
2018
Stránek
288
EAN
9780691161884
ISBN
9780691161884
Enbook ID
18210065
Vydavatel
PRINCETON UNIV PR
Hmotnost
605
Rozměry
167 x 245 x 29

Kompletní popis

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 and get people back to work, he depreciated the U.S. dollar in relation to gold and annulled debt contracts retroactively. American Default is the story of this forgotten chapter in America's history. At a time when several major economies are on the brink of default or devaluing or recalling currencies, American Default is a timely account of a little-known yet drastic experiment with these policies, the inevitable backlash, and the ultimate result.

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