The Precious Metal Basis Underlying Our Currency PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Precious Metal Basis Underlying Our Currency PDF full book. Access full book title The Precious Metal Basis Underlying Our Currency by Willford Isbell King. Download full books in PDF and EPUB format.
Author: Willford Isbell King
Publisher:
ISBN:
Category :
Languages : en
Pages : 18
Get Book Here
Book Description
Author: Willford Isbell King
Publisher:
ISBN:
Category :
Languages : en
Pages : 18
Get Book Here
Book Description
Author: James Ledbetter
Publisher: Liveright Publishing
ISBN: 1631493965
Category : History
Languages : en
Pages : 205
Get Book Here
Book Description
One Nation Under Gold examines the countervailing forces that have long since divided America—whether gold should be a repository of hope, or a damaging delusion that has long since derailed the rational investor. Worshipped by Tea Party politicians but loathed by sane economists, gold has historically influenced American monetary policy and has exerted an often outsized influence on the national psyche for centuries. Now, acclaimed business writer James Ledbetter explores the tumultuous history and larger-than-life personalities—from George Washington to Richard Nixon—behind America’s volatile relationship to this hallowed metal and investigates what this enduring obsession reveals about the American identity. Exhaustively researched and expertly woven, One Nation Under Gold begins with the nation’s founding in the 1770s, when the new republic erupted with bitter debates over the implementation of paper currency in lieu of metal coins. Concerned that the colonies’ thirteen separate currencies would only lead to confusion and chaos, some Founding Fathers believed that a national currency would not only unify the fledgling nation but provide a perfect solution for a country that was believed to be lacking in natural silver and gold resources. Animating the "Wild West" economy of the nineteenth century with searing insights, Ledbetter brings to vivid life the actions of Whig president Andrew Jackson, one of gold’s most passionate advocates, whose vehement protest against a standardized national currency would precipitate the nation’s first feverish gold rush. Even after the establishment of a national paper currency, the virulent political divisions continued, reaching unprecedented heights at the Democratic National Convention in 1896, when presidential aspirant William Jennings Bryan delivered the legendary "Cross of Gold" speech that electrified an entire convention floor, stoking the fears of his agrarian supporters. While Bryan never amassed a wide-enough constituency to propel his cause into the White House, America’s stubborn attachment to gold persisted, wreaking so much havoc that FDR, in order to help rescue the moribund Depression economy, ordered a ban on private ownership of gold in 1933. In fact, so entrenched was the belief that gold should uphold the almighty dollar, it was not until 1973 that Richard Nixon ordered that the dollar be delinked from any relation to gold—completely overhauling international economic policy and cementing the dollar’s global significance. More intriguing is the fact that America’s exuberant fascination with gold has continued long after Nixon’s historic decree, as in the profusion of late-night television ads that appeal to goldbug speculators that proliferate even into the present. One Nation Under Gold reveals as much about American economic history as it does about the sectional divisions that continue to cleave our nation, ultimately becoming a unique history about economic irrationality and its influence on the American psyche.
Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 964
Get Book Here
Book Description
Includes papers and proceedings of the annual meeting of the American Economic Association. Covers all areas of economic research.
Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 540
Get Book Here
Book Description
Author: Public Affairs Information Service
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 540
Get Book Here
Book Description
Author: Federal Reserve Bank of Cleveland. Library
Publisher:
ISBN:
Category :
Languages : en
Pages : 306
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 562
Get Book Here
Book Description
Author: Mark Duckenfield
Publisher: Routledge
ISBN: 1315476118
Category : Business & Economics
Languages : en
Pages : 511
Get Book Here
Book Description
This title presents a collection of documents relating to the monetary history of gold from the 17th century up to the present, covering specifically the rise of the gold standard, its heyday, and the period following.
Author: United States. Congress
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 1348
Get Book Here
Book Description
The Congressional Record is the official record of the proceedings and debates of the United States Congress. It is published daily when Congress is in session. The Congressional Record began publication in 1873. Debates for sessions prior to 1873 are recorded in The Debates and Proceedings in the Congress of the United States (1789-1824), the Register of Debates in Congress (1824-1837), and the Congressional Globe (1833-1873)
Author: Harvard University. Library
Publisher:
ISBN:
Category : Library catalogs
Languages : en
Pages : 1170
Get Book Here
Book Description
