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A monetary history of the United States, 1867-1960 Anna Jacobson Schwartz, Milton Friedman
Publisher: PUP

Milton Friedman famously said in 1963 in A Monetary History of the United States 1867-1960: "inflation is always and everywhere a monetary phenomenon". Dollar, for foreign exchange purposes, with its gold reserves. A discussion of Milton Friedman and Anna J . Monetary Theory and Monetary History. This research resulted in three volumes: A Monetary History of the United States, 1867-1960, Monetary Statistics of the United States, and Monetary Trends in the United States and the United Kingdom, 1875-1975. That ensued and consequent sharp contraction in the U.S. Monetary system from the 1870s to 1971, when the U.S. The gold standard was introduced in Great Britain in 1821 and was the basis for the U.S. Quote Investigator: The earliest evidence QI has located for this saying is dated 1963. Schwartz, A Monetary History of the United States, 1867-1960. Treasury Department announced it would no longer back the U.S. Friedman, Milton and Anna Schwartz (1963), A Monetary History of the United States, 1867–1960, Princeton University Press. (The Gold Act of 1934 A Monetary History of the US 1867-1960 Friedman and Schwartz page 544; ^ a b c "FRB: Speech, Bernanke-Money, Gold, and the Great Depression -March 2, 2004".