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The Payments System before World War I

Kenneth D. Garbade

in Birth of a Market: The U.S. Treasury Securities Market from the Great War to the Great Depression

Published in print:
2012
Published Online:
August 2013
ISBN:
9780262016377
eISBN:
9780262298674
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262016377.003.0002
Subject:
Economics and Finance, Econometrics

This chapter describes the payments system that existed in the US between 1900 and the beginning of World War I. The discussions cover the gold standard; Treasury money; bank money; the problem of an ... More


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