Eric Rauchway is a distinguished historian and expert on the Progressive and New Deal eras at the University of California, Davis. He is the author of several acclaimed books on the subject, including The Money Makers, The Great Depression and the New Deal, and Blessed Among Nations. He lives in Davis, California.
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Shortly after arriving in the White House in early 1933, Franklin Roosevelt took the United States off the gold standard. His opponents thought his decision unwise at best, and ruinous at worst. But they could not have been more wrong. With The Money Mak... SEE MORE