Conant, Monetary Imperialism, and the Gold-Exchange Standard

Tags: The Fed, Money and Banks, U.S. History

06/26/2026 Murray N. Rothbard

The theory put into practice: imposing the gold-exchange standard on U.S. dependencies and client states—Puerto Rico, the Philippines, Mexico, and others—administered by a cadre of economists and academics and tying client currencies to the dollar.

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