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            | Topic: | History | 
        
            | Number of pages / Number of words: | 12 / 3136 | 
                
    
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The higher interest rates discouraged conversion of interest-bearing deposits into gold and bolstered confidence that inflation would not break the commitment to gold.
2. Economic policy. Apart from the gold standard, economic policy barely existed. There was little belief that governments could, or should, prevent business slumps...
        
        
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These were seen as natural, therapeutic, and self-correcting. The lower wages and interest rates caused by slumps would spur recovery. The 1920-21 downturn (when industrial production fell 25 percent) had preceded the prosperous twenties. "People will work harder, live a more moral life," Andrew Mellon, Treasury secretary under President Herbert Hoover, said after the depression started...
        
        
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            General points of the essay
            
                                    Controlling the Economy with Interest Rates Does it Accomplish the Task on the Consumer Side?
                                    Interest Rates And Bond Valuation
                                    Interest Rates in the Economy
                                    Interest Rates
                                    Interest Rates: A Matter of Supply and Demand
                                    The factors determining movements in the general level of variable and fixed term interest rates in Australia
                                    term structure of interest rates
                                    Relationship between interest rates and price of bond
                                    The Gold Bug
                                    A Womens Story
                                    Fed and Interest Rates
                                    gold
                                    Interest Rates and Other Critical Determinants of Investment Spending in Bangladesh
                                    The Fed And Interest Rates
                                    The Story Behind The Nazi Gold
                            
                    
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