Stabilization of the Foreign Exchanges (Classic Reprint) - Softcover

Ruth Muller Jaeger

 
9781334471230: Stabilization of the Foreign Exchanges (Classic Reprint)

Synopsis

This book presents a comprehensive look at the fluctuations of the foreign exchange market in the years following the first World War. It explores the complex factors that led to the instability in exchange rates and the consequences this had for international trade and the global economy. The author follows developments in the exchange rates of four major European currencies and the efforts to stabilize them. The book also examines the role of credit expansion, banking practices, and international debt in the exchange market. The analysis provides valuable insights into the challenges of international monetary stability and the lessons learned from this tumultuous period in financial history.

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