Carte American Default Sebastian Edwards

American Default

Limbă: engleză
Legare: Copertă tare
Disponibilitate: În depozitul extern
Expediem în 9-15 zile
188.49 lei
The American economy is strong in large part because nobody believes that America would ever default...

Informații despre carte

Limbă
engleză
Legare
Carte - Copertă tare
Publicat
2018
Pagini
288
EAN
9780691161884
ISBN
9780691161884
Enbook ID
18210065
Greutate
605
Dimensiuni
167 x 245 x 29

Descriere completă

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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