Saturday, December 17, 2011

Great Depression and the gold standard

David Glasner comments on a recent Deutsche Bank report in Deutsche Bank Gets It, Why Can’t Mrs. Merkel?.

I point out in my comment that the chart mislabels the dates upon which the various countries left the gold standard. Also, what about Holland, Poland, and Switzerland? I suspect they would show data entirely different from France, though they left the gold standard (or devalued) in the same month.

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