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Lecture 7 EH
Economic History
Question | Answer |
---|---|
The gold standard literature | |
How did the gold standard work? | |
The gold coverage ratio | |
The rules of the game | |
Hume's price-specie flow model | |
The interwar Gold-Exchange standard | |
Macroeconomic policy trilemma | |
Rules of the game violations | |
Breaking point in 1931 | |
Why does the gold standard continue to fully disintegrate after 1931? | |
Problem with the monetary thesis | |
Causes of the global banking crisis in 1931 | |
Did the gold standard cause the 1931 global banking crises | |
The great depression in Germany. How to pay reparations once capital inflow stopped | |
Economic policy options were limited | |
Germany's fiscal contraction and its effect on the trade balance | |
Political ramifications | |
1931 crises in Germany | |
Bruning failing 100m before the finish line | |
Disintegration of the world economy | |
The depression spreads |