Great book by UCLA economist Sebastian Edwards close a cardinal 2nd inward American economical history. Many economists believe that the most of import matter FDR did to deal the economic scheme recover from the Great Depression was to become off the golden standard. As work of that policy, he pursued laws that rewrote many bond contracts, annulling golden clauses. It was controversial as well as thus (and for sure would last ane time again if such an resultant were always to arise). Edwards does a wonderful chore telling the story. Sumber https://gregmankiw.blogspot.com/
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