Tuesday, 9 April 2024

{The Gold Standard and the E.R.A.}[2nd April 1991]

[Redbook9:38][19910402:2313]{The Gold Standard and the E.R.A.}[2nd April 1991]


.2313


It really is quite remarkable that Britain went on to the Gold Standard in 1925 – 5 years after 64C* – and joined the European Exchange Rate Mechanism in 1990 – 6 years after the next 64C.**



*64C1920+5


**64C1984+6



[For what it’s worth, the UK left the Gold Standard in 1931 and the EERM in 1992]



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