This article from VoxEU, by crisis experts, Barry Eichengreen & Peter Temin, is particularly interesting as it uses the context of the gold standard during the Great Depression with reference to the current crisis in terms of the global imbalances in existence. This also brings to mind the much promulgated idea that most crises are, in all actuality, not drastically different...
Friday, August 13, 2010
"Fetters of gold and paper"
From Shaakira Karolia
This article from VoxEU, by crisis experts, Barry Eichengreen & Peter Temin, is particularly interesting as it uses the context of the gold standard during the Great Depression with reference to the current crisis in terms of the global imbalances in existence. This also brings to mind the much promulgated idea that most crises are, in all actuality, not drastically different...
This article from VoxEU, by crisis experts, Barry Eichengreen & Peter Temin, is particularly interesting as it uses the context of the gold standard during the Great Depression with reference to the current crisis in terms of the global imbalances in existence. This also brings to mind the much promulgated idea that most crises are, in all actuality, not drastically different...
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