Capitalism at the Turn of the Century

Hans Bauer and Warren J. Blackman
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Hans Bauer: Swiss Bank Corporation
Warren J. Blackman: The University of Calgary

Chapter 9 in Swiss Banking, 1998, pp 151-171 from Palgrave Macmillan

Abstract: Abstract The years 1870 to 1890 were characterised by the abandonment of the bi-metallic monetary standard. The resulting deflation was a disaster for the United States, which was in the process of literally ‘blundering back to gold’ from the greenback standard of the Civil War era.1

Keywords: Central Bank; Stock Exchange; Money Supply; Financial Capital; Note Issue (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-26735-4_9

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DOI: 10.1007/978-1-349-26735-4_9

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