Central Bank Cooperation 1924-31 | Stephen Clarke | Part 2
This we discuss the remaining chapters of Stephen Clarke's monograph. Access it here: https://fraser.stlouisfed.org/files/docs/meltzer/clacen67.pdf?utm_source=direct_download 6. The Defense of a Key Currency:1926-28 108Introduction 108Payments Surpluses ComplicateMonetary Policy 109Germany 109France 110The Shift toward Gold 112Germany 112France 115British-French Accommodation 119The Central Bankers' Meeting ofJuly 1927 123The Easing of Federal ReservePolicy 124The Payments Balance Shifts inFavor of Europe 127The …
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