Casual Historian
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How a Currency War Started the Great Depression | Casual Historian
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October 8, 2020
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13:18Now PlayingWorld War One destabilized the international money system so badly that most countries had a hard time going back to pre-war standards of monetary policy. In this fumbling around they all experimented with devaluing their currencies in order to encourage foreigns to buy more of their stuff. But did it work? Watch to find out.
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Sources
Currency Wars, by James Rickards
Lords of Finance, by Liaquat Ahamed
The Anatomy of an International Monetary Regime, by Giulio M. Gallarotti
The Alchemists, by Neil Irwin
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