{"product_id":"9780691196046-american-default","title":"American Default","description":"\u003cmeta content=\"text\/html; charset=utf-8\" http-equiv=\"Content-Type\"\u003e\u003cp\u003e\u003cspan\u003eThe Untold Story of FDR, the Supreme Court, and the Battle over Gold\u003cbr\u003eThe untold story of how FDR did the unthinkable to save the American economy.\u003cbr\u003e\u003cp\u003e\u003cb\u003eThe untold story of how FDR did the unthinkable to save the American economy\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003eThe American economy is strong in large part because nobody believes that America would ever default on its debt. Yet in 1933, Franklin D. Roosevelt did just that, when in a bid to pull the country out of depression, he depreciated the US dollar in relation to gold, effectively annulling all debt contracts. From FDR’s order for Americans to sell the government all their gold holdings to the Supreme Court confrontation that threatened to finish the New Deal, \u003ci\u003eAmerican Default\u003c\/i\u003e provides a compelling account of an economic and legal drama that embroiled a nation.\u003c\/p\u003e\n\u003cbr\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e","brand":"Rarewaves","offers":[{"title":"Default Title","offer_id":56511472992630,"sku":"9780691196046","price":17.33,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0092\/7504\/8033\/files\/orig_28184855.jpg?v=1761154914","url":"https:\/\/www.rarewaves.com\/products\/9780691196046-american-default","provider":"Rarewaves.com","version":"1.0","type":"link"}