#253: Gold Standard, R.I.P.

Planet Money

• Episode: #253: Gold Standard, R.I.P.
• Website: Planet Money
• Feed URL: http://www.npr.org/rss/podcast.php?id=510289
• Published: 2015-01-17 00:43

Note: Today's show is a rerun. It originally ran in February 2011. Franklin Delano Roosevelt ignores the advice of America's big-name economists — and listens instead to a guy who helped take care of the trees on his estate. Montagu Norman, head of the Bank of England, gets a coded message at a critical moment — and completely misunderstands what it means. On today's Planet Money: The gold standard and the Great Depression. It's the latest in our series on gold and the meaning of money.