Episode 124 - Goldbugs

At first it looked like the Great Depression would be just another run of the mill recession. But the bubble that was the US economy popped right at the same time much of Europe was entering a general fiscal crisis, which in turn undermined the Gold Standard system most nations were a part of. The imbalances created by the Gold Standard proved unsustainable, and its collapse led to a free for all as every nation had its own answer to the crisis.    Bibliography for this episode:    Clavin, Patricia The Great Depression in Europe, 1929-1939 St. Martin's Press 2000 Hall, Thomas E. and J. David Ferguson The Great Depression: An International Disaster of Perverse Economic Policies University of Michigan Press 1998 Rothermund, Dietmar The Global Impact of the Great Depression 1929-1939 Routledge 1996 Kennedy, David M. Freedom From Fear: The American People in Depression and War 1929-1945 Oxford University Press 1999 Moser, John E. The Global Great Depression and the Coming of World War II Routledge 2016   Questions? Comments? Email me at [email protected]