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books
| book details |
American Default: The Untold Story of FDR, the Supreme Court, and the Battle over Gold
By (author) Sebastian Edwards
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normal price: R 630.95
Price: R 599.95
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| book description |
The untold story of how FDR did the unthinkable to save the American economy 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, 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.
| product details |
Normally shipped |
Publisher | Princeton University Press
Published date | 10 Sep 2019
Language |
Format | Paperback / softback
Pages | 288
Dimensions | 235 x 156 x 0mm (L x W x H)
Weight | 0g
ISBN | 978-0-6911-9604-6
Readership Age |
BISAC | business & economics / public finance
| other options |
Normally shipped |
Readership Age |
Normal Price | R 707.95
Price | R 671.95
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