American Default : : The Untold Story of FDR, the Supreme Court, and the Battle over Gold / / Sebastian Edwards.

The untold story of how FDR did the unthinkable to save the American economyThe 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, he depr...

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Superior document:Title is part of eBook package: De Gruyter Princeton University Press Complete eBook-Package 2018
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Place / Publishing House:Princeton, NJ : : Princeton University Press, , [2018]
©2018
Year of Publication:2018
Language:English
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Physical Description:1 online resource (288 p.) :; 33 b/w illus.
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Table of Contents:
  • Frontmatter
  • Contents
  • Introduction
  • Timeline
  • Dramatis personae
  • Chapter 1. Gold and the Professors
  • Chapter 2. A Tragic Disaster
  • Chapter 3. The Quest for Money
  • Chapter 4. A National Calamity
  • Chapter 5. Moderate Inflation Is Necessary and Desirable
  • Chapter 6. A Transfer of Wealth to the Debtor Class
  • Chapter 7. The Gold Clause Is Gone
  • Chapter 8. A London Interlude
  • Chapter 9. Order in Place of Chaos
  • Chapter 10. The Gold-Buying Program
  • Chapter 11. The Path to the Supreme Court
  • Chapter 12. Nine Old Men and Gold
  • Chapter 13. Embarrassment and Confusion
  • Chapter 14. The Waiting Game
  • Chapter 15. The Decisions, at Last
  • Chapter 16. Consequences
  • Chapter 17. Could it Happen Again?
  • Appendix. George F. Warren versus Irving Fisher's Plans for the Dollar
  • Notes
  • Bibliography
  • Index