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: The Story of Silver: How the White Metal Shaped America and the Modern World
: William L. Silber
: Princeton University Press
ISBN: 0691175381
: 2019
: 328
: Mirknig.su
: 71,5

his is the story of silvers transformation from soft money during the nineteenth century to hard asset today, and how manipulations of the white metal by American president Franklin D. Roosevelt during the 1930s and by the richest man in the world, Texas oil baron Nelson Bunker Hunt, during the 1970s altered the course of American and world history. FDR pumped up the price of silver to help jump start the U.S. economy during the Great Depression, but this move weakened China, which was then on the silver standard, and facilitated Japans rise to power before World War II. Bunker Hunt went on a silver-buying spree during the 1970s to protect himself against inflation and triggered a financial crisis that left him bankrupt.


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: riga1979 11-02-2019, 13:01 | |
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 MirKnig.Su  2018