Summary:
The gold standard broke down after WW1. The inter-war period was full of confusion, massive efforts to restore pre-war gold standard failed, leading to Bretton Woods Agreement in 1944. Central Banking shifted focus from stable exchange rates to domestic economy. See: bit.do/azhcb for full lecture
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The gold standard broke down after WW1. The inter-war period was full of confusion, massive efforts to restore pre-war gold standard failed, leading to Bretton Woods Agreement in 1944. Central Banking shifted focus from stable exchange rates to domestic economy. See: bit.do/azhcb for full lecture
Topics:
Asad Zaman considers the following as important:
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