Скачать или смотреть Why the Gold Standard Made the Great Depression Worse

The Great Depression (1929–1939) was not simply the result of the Wall Street Crash of 1929. The global economic collapse that followed was shaped by structural weaknesses in banking, international war debts, and adherence to the gold standard.

In this short lecture-style analysis, we examine:
• Why margin buying and overextended credit destabilized the U.S. economy
• How the collapse of Credit-Anstalt in 1931 triggered European banking failures
• Why governments prioritized defending gold over protecting employment
• How unemployment in the United States reached 25% by 1933
• Why policy decisions—not just market panic—deepened the crisis

We also explain the turning point in 1933, when President Franklin D. Roosevelt suspended gold convertibility and expanded federal intervention, reshaping the trajectory of recovery.

This video is part of a serious history series designed for historians, students, and intellectually engaged viewers who want context, accuracy, and primary-source-level clarity—without oversimplification.

If you value disciplined historical reasoning and clear explanation, subscribe and continue the course.

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