The Sterling-Dollar-Franc Tangle (Routledge Revivals)

Download or read book The Sterling-Dollar-Franc Tangle (Routledge Revivals) written by Paul Einzig and published by Routledge. This book was released on 2013-11-05 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1933, the original purpose of this book was to draw attention to the international aspects of monetary policy and to put forward the case for international co-operation in the monetary sphere. Paul Einzig highlights the negative impact that a lack of international spirit in monetary policy can have and promotes an increased understanding amongst nations. He discusses the failure of the Monetary and Economic Conference of June-July 1933 and expresses his belief that the monetary crisis of the time could have been solved, if not through an agreement, then through the inevitable inflationary effect of the increasing economic difficulties.