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Exchange Rate Chaos

25 Years of Finance and Consumer Democracy

Exchange Rate Chaos by Charles R. Geisst
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The Bretton Woods system ensured a quarter of a century of relative stability on the world's financial markets. The quarter of a century which has followed has brought financial chaos and excessive financial volatility. Exchange Rate Chaos: 25 Years of Financial and Consumer Democracy describes and compares US and British financial history during this period.

It highlights:
* similarites in financial developments between the two countries
* consumer democracy: Have the wishes of consumers dominated exchange rate policy?
* The decline of the small investor and the hegemony of financial institutions
* How the floating exchange rates are manipulated to government advantage

One of the few financial histories to deal with the postwar period, this book shows how financial developments have shaped contemporary society and politics.
Taylor and Francis; January 2002
193 pages; ISBN 9781134837168
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Title: Exchange Rate Chaos
Author: Charles R. Geisst