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

American Default: The Untold Story of FDR, the Supreme Court, and the Battle over Gold
Sebastian Edwards
RRP:
NZ$ 54.99
Our Price:
NZ$ 45.09
Paperback
h235 x 156mm - 288pg
10 Sep 2019 US
International import eta 7-19 days
9780691196046
Out Of Stock
Currently no stock in-store, stock is sourced to your order
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 depreciated the US dollar in relation to gold, effectively annulling all debt contracts. From FDR's order for Americans to sell the government all their gold holdings to the Supreme Court confrontation that threatened to finish the New Deal, American Default provides a compelling account of an economic and legal drama that embroiled a nation.
Status: Active
ISBN-13: 9780691196046
Published: 10 Sep 2019
Published In: United States
Imprint: Princeton University Press
Publisher: Princeton University Press
Format: Paperback
Height: 235mm
Width: 156mm
Pages: 288

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