When Washington Shut Down Wall Street: The Great Financial Crisis of 1914 and the Origins of America's Monetary Supremacy
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Bibliographische Detailangaben
1. Verfasser: Silber, William L. (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Princeton Princeton University Press 2014
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Online-Zugang:Volltext
Beschreibung:Description based upon print version of record
When Washington Shut Down Wall Street unfolds like a mystery story. It traces Treasury Secretary William Gibbs McAdoo's triumph over a monetary crisis at the outbreak of World War I that threatened the United States with financial disaster. The biggest gold outflow in a generation imperiled America's ability to repay its debts abroad. Fear that the United States would abandon the gold standard sent the dollar plummeting on world markets. Without a central bank in the summer of 1914, the United States resembled a headless financial giant. William McAdoo stepped in with courageous action, w
Beschreibung:1 Online-Ressource (233 p)
ISBN:9781400851669
DOI:10.1515/9781400851669

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