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American Default: The Untold Story of FDR, the Supreme Court, and the Battle over Gold
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<p>[QUOTE="GoldFinger1969, post: 21547316, member: 73489"]One of the few James Grant books I haven't read (reading his 1921 Depression book right now). </p><p><br /></p><p>But I don't think Edwards ignores Baruch, he simply doesn't figure into the debate. It appears that Baruch probably would have counseled FDR to NOT go off the gold standard. If he owned 75,000 ounces -- no reason to doubt you -- he lost out on some nice gains. The book focuses on The Gold Clauses, and as a sound-money man I am sure that BB would not have favored a judicial or political attempt to abrgogate.</p><p><br /></p><p>Not sure the relevance of Chile.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 21547316, member: 73489"]One of the few James Grant books I haven't read (reading his 1921 Depression book right now). But I don't think Edwards ignores Baruch, he simply doesn't figure into the debate. It appears that Baruch probably would have counseled FDR to NOT go off the gold standard. If he owned 75,000 ounces -- no reason to doubt you -- he lost out on some nice gains. The book focuses on The Gold Clauses, and as a sound-money man I am sure that BB would not have favored a judicial or political attempt to abrgogate. Not sure the relevance of Chile.[/QUOTE]
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American Default: The Untold Story of FDR, the Supreme Court, and the Battle over Gold
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