This biography of Bernard Baruch considered to be renowned as the definitive story about the notorious financial wizard and presidential advisor. Baruch′s political policies are discussed briefly, and James Grant includes a detailed account of Baruch′s trading and investment gains and losses.
In 1907–1917 the crisis of the 1890s was replayed: 59,846 miles of railroad fell into receivership, representing invested capital of $3.7 billion, or an amount three times greater than the national debt prior to the First World War. (查看原文)
Economically the goal of the New Deal was to raise domestic prices. The AAA and NRA were designed to lift them by law or persuasion, the gold acts through monetary inflation. Talking it over with Morgenthau and Howe, Roosevelt bridled at the idea of relinquishing any domestic freedom of action to an international agreement. To Hull he wrote explosively that
the sound internal economic situation of a nation is a greater factor in its well-being than the price of its currency in changing terms of the currencies of other nations. . . . So, too, old fetishes of so-called international bankers are being replaced by efforts to plan national currencies with the objective of giving those currencies a continuing purchasing power which does not vary greatly in terms of the commodities and needs... (查看原文)
小满少尉
中国标准出版社2000版
0 有用 一张扑克牌 2010-08-17 23:39:56
没读完 感觉一般般