Ten Years of Currency Revolution: 1922-1932

1st Edition

Charles Morgan Webb

Routledge
December 15, 2019 Forthcoming
Reference - 266 Pages
ISBN 9780815365259 - CAT# K336504
Series: Routledge Library Editions: The Gold Standard

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Summary

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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