When Washington Shut Down Wall Street : The Great Financial Crisis of 1914 and the Origins of America's Monetary Supremacy /

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When Washington Shut Down Wall Street unfolds like a mystery story. It traces Treasury Secretary William Gibbs McAdoo's triumph over a monetary crisis at the outbreak of World War I that threatened the United States with financial disaster. The biggest gold outflow in a generation imperiled Ame...

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Detalles Bibliográficos
Autor principal: Silber, William L. (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Princeton, N.J. : Princeton University Press, [2007]
Colección:Book collections on Project MUSE.
Temas:
McAdoo, W. G. > (William Gibbs), > 1863-1941.
Gold standard.
Finance.
Currency question.
Currency crises.
BUSINESS & ECONOMICS > Economic History.
BUSINESS & ECONOMICS > Finance.
Étalon-or.
Guerre mondiale, 1914-1918 > Finances.
Crises de change > États-Unis > Études de cas.
World War, 1914-1918 > Finance.
Currency crises > United States > Case studies.
United States.
Études de cas.
Case studies.
Electronic books.
Acceso en línea:Texto completo
Descripción
Sumario:When Washington Shut Down Wall Street unfolds like a mystery story. It traces Treasury Secretary William Gibbs McAdoo's triumph over a monetary crisis at the outbreak of World War I that threatened the United States with financial disaster. The biggest gold outflow in a generation imperiled America's ability to repay its debts abroad. Fear that the United States would abandon the gold standard sent the dollar plummeting on world markets. Without a central bank in the summer of 1914, the United States resembled a headless financial giant. William McAdoo stepped in with courag.
Notas:Originally published: 2007.
Descripción Física:1 online resource (240 pages).
ISBN:9781400851669

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