Roosevelt's Monetary Policy

This publication is an analysis of the monetary policies ofFranklin D. Roosevelt's administration, focusing on the primarylikely causes of its economic successes. The author challenges theargument that it was World War II that brought the U.S. out of theGreat Depression, and argues that FDR's greatest economic successeswere the direct result of the gold and silver purchase programs andthe restoration of America's banking and financial institutions.This book challenges the claim that the U.S. merely transferred theGreat Depression to other nations. This analysis of Roosevelt'smonetary policies covers his entire Presidency. Some of the mostconservative and reputable scholars in history, while disagreeingwith most measures taken by Roosevelt to regulate the economy,agree that the goals of the administration to raise the prices ofbasic commodities was generally achieved. FDR's monetary policieshad tremendous implications, both domestic and international, andcontinued to be a driving force behind a postwar economy in whichthe United States became the world's largest creditornation.

Klappentext
This publication is an analysis of the monetary policies of Franklin D. Roosevelt's administration, focusing on the primary likely causes of its economic successes. The author challenges the argument that it was World War II that brought the U.S. out of the Great Depression, and argues that FDR's greatest economic successes were the direct result of the gold and silver purchase programs and the restoration of America's banking and financial institutions. This book challenges the claim that the U.S. merely transferred the Great Depression to other nations. This analysis of Roosevelt's monetary policies covers his entire Presidency. Some of the most conservative and reputable scholars in history, while disagreeing with most measures taken by Roosevelt to regulate the economy, agree that the goals of the administration to raise the prices of basic commodities was generally achieved. FDR's monetary policies had tremendous implications, both domestic and international, and continued to be a driving force behind a postwar economy in which the United States became the world's largest creditor nation.