1 / 16✕
Why did the countries that abandoned gold escape the Great Depression first?
In the 1930s, the earlier a country cut its money loose from gold, the sooner it recovered. Clinging to gold meant a longer slump.
Tap to go on, or swipe →
In the 1930s, the earlier a country cut its money loose from gold, the sooner it recovered. Clinging to gold meant a longer slump.
Tap to go on, or swipe →