The Tragedy of the Pound Paul Einzig

ISBN: 9780415819411

Published: January 16th 2013

Hardcover

204 pages


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The Tragedy of the Pound  by  Paul Einzig

The Tragedy of the Pound by Paul Einzig
January 16th 2013 | Hardcover | PDF, EPUB, FB2, DjVu, audiobook, mp3, RTF | 204 pages | ISBN: 9780415819411 | 7.68 Mb

First published in 1932, this book discusses the suspension of the gold standard in Britain, and the economic events surrounding September 1931. It argues that despite specific errors made by individuals, groups, and individual nations, the attemptsMoreFirst published in 1932, this book discusses the suspension of the gold standard in Britain, and the economic events surrounding September 1931.

It argues that despite specific errors made by individuals, groups, and individual nations, the attempts to save the pound had little chance of recovery. Indeed, years before its collapse, powerful, fundamental factors had been eroding its stability. Hence, the author does not entirely blame the influence of French policy, or Great Britain s political and economic decline after the war, but states that the collapse of sterling was co-ordinated by several factors of importance.



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