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A monetary history of the United States, 1867-1960 Anna Jacobson Schwartz, Milton Friedman
Publisher: PUP

May 1, 2012 at 9:16 am · Reply. Dollar, for foreign exchange purposes, with its gold reserves. It is predicated on a Monetarist theory of money, in which, to quote the Godfather, “Inflation is always and everywhere a monetary phenomenon” (Milton Friedman, A Monetary History of the United States 1867-1960). Schwartz, A Monetary History of the United States 1867-1960, Princeton, N.J.: Princeton University Press, 1971). €�A Monetary History of the United States, 1867-1960″ ? Monetary system from the 1870s to 1971, when the U.S. A year later his Monetary History of the United States, 1867–1960, co-authored with Anna Schwartz, cast a new light on the Great Depression and the policies that caused it. It was a paper written in 1963 titled A Monetary History of the United states, 1867-1960, authors Milton Friedman and Anna Schwartz. The gold standard was introduced in Great Britain in 1821 and was the basis for the U.S. (The Gold Act of 1934 A Monetary History of the US 1867-1960 Friedman and Schwartz page 544; ^ a b c "FRB: Speech, Bernanke-Money, Gold, and the Great Depression -March 2, 2004". Bruce Wilder 01.08.13 at 5:05 pm. Burns's detailed macroeconomic analysis influenced Milton Friedman and Anna Schwartz's classic work A Monetary History of the United States, 1867-1960. A Monetary History of the United States, 1867-1960 was the quintessential effort by a conservative to ignore the Great Depression. Treasury Department announced it would no longer back the U.S. Data history is more limited than for the US, but sufficient to test.