Originally Posted by Robert_White
Gold standard failed?

I would have to see more documentation on those events...
It's in books, not little snippets on the internet (or if it is, I don't know where). If you take a macro-economics course, it should be in your text book. Here's the updated version from the class I took: http://www.amazon.com/Macroeconomics-N-Gregory-Mankiw/dp/1429240024

You can also find very detailed information on the 1900 and 1920's gold standard collapse in this book, but it only makes casual reference to previous failures: http://www.amazon.com/Lords-Finance...amp;sr=1-1&keywords=lords+of+finance

Also Google up the Genoa Conference of 1922 which was a conference on how to return to the gold standard (after its failure)...and in fact lead to the eventual full abandonment of the gold standard. First by not minting gold coin, then by finally just converting to a fiat currency.

Read what I said in my previous post about the 1919 failure in Germany, it makes sense.