FDR Ends Gold Standard in 1933 (Video-Clip Englisch)

After other countries abandoned the gold standard in the early days of the Great Depression, the Hoover administration stayed on in, even though doing so may U.S. goods less competitive. Franklin Roosevelt effectively abandoned the gold standard in 1933.

He returned to a modified version of it the following year but with the price of gold raised to $35 per ounce. After WW2, the Roosevelt $35 price became enshrined in the Bretton Woods international monetary system until President Nixon ended that system in 1971.
FDR Ends Gold Standard in 1933 (Video-Clip Englisch)
Source: http://www.youtube.com/user/danieljbmitchell



VideoGold.de ist seit 2007 das erste freie Videoportal Deutschlands, welches frei zugängliche Videos in Form von Berichten, Dokumentationen, Diskussionen, Filmen, Interviews, Livestreams, Musik-Videos, Serien, Trailer, Video-Clips und Vorträge in einer Mediathek vereint.
Loading+ Video in die Merkliste

    • Kommentare zum Video