A Layman's Guide To Monetary Crises

A Layman's Guide to Monetary CrisesSince World War Two, the international monetary crisis has become a fixed feature of what people with a gift for cliché call the financial landscape. Through the Fifties and into the Sixties, crises happened in Britain roughly at two-year intervals. There were occasional unspectacular episodes involving the French franc and the Italian lira. In the past six years, the crises have been much more serious, and all have involved the dollar. The summer and autumn of...