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Chartbook #44: The Cross of Gold - populism, democratic iterations and the politics of money

adamtooze.substack.com · 3,622 words · saved by 2 readers

Looking back at an early (de)flation panic.

Chartbook #44: The Cross of Gold - populism, democratic iterations and the politics of money Looking back at an early (de)flation panic. Adam Tooze Oct 10, 2021 39 9 Share Subscribe “Having behind us the commercial interests and the laboring interests and all the toiling masses, we shall answer their demands for a gold standard by saying to them, you shall not press down upon the brow of labor this crown of thorns. You shall not crucify mankind upon a cross of gold.” The address that Nebraska’s William Jennings Bryan delivered at 2 pm on July 9 1896 at the Chicago Convention of the Democratic

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