How the Gold Standard Limited Bank Liquidity
Lecture no. 26 from the course: Crashes and Crises: Lessons from a History of Financial Disasters
Taught by Professor Connel Fullenkamp | 09 min | Categories: The Great Courses Plus Online Economics & Finance Courses
Discover how the classic gold standard became a bottleneck in a financial system that prevented banks from expanding the money supply whenever the demand for currency surged—and gave way to panic.