Franklin Delano Roosevelt’s election to the presidency in 1932 and his subsequent New Deal administration was a revolutionary event for the United States, but was not an isolated event in global affairs. At the turn of the 20th century, the world experienced a collapse of its monetary system, the international gold standard, a collapse which reverberated worldwide, and especially in the 1930s, produced calamitous economic disintegration and revolutionary political changes.  To read the essay, please CLICK the following link:

The Consequences of a Failed Monetary System