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Economic consequences of the peace

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1. The Lords of Finance describes the 4 main central banks and how they may have contributed to the Great Depression. The power of central banks has always engendered some suspicion. In fact this year's election one candidate has called for eliminating the FED and returning to the Gold Standard. Is the FED too powerful? Should it have greater political oversight?

2. John Maynard Keynes wrote the Economic Consequences of the Peace after resigning from the post-WW1 English team negotiating the surrender of Germany. To what extent did the reparations issue and potential economic consequences as described by Keynes, come to pass.

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Reference no: EM131053816

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