Gold in the Great Depression

Gold in the Great Depression

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Storyboard Text

  • This is America! We love gold and use the gold standard like our friends in Europe.
  • Help us! Our economy is in trouble! We need more money pumped into the economy! Get rid of the gold standard PLEASE!
  • It's 1931, I think it's time for Britain to give up the gold standard... Hopefully our pals in the US will follow along so we can still participate in the market together!
  • No thanks! The US is going to stick with the gold standard.
  • Please don't! Our financial market will freeze up even further...We're going to be pulled into a deflationary spiral.
  • And thus, we fell further into the Great Depression because of the gold standard...
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