Lessons from the Evolution of US Monetary and Intervention Policies

Michael D. Bordo, Owen F. Humpage, and Anna J. Schwartz, Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century (University of Chicago Press, 2015), chap. 7, https://www.nber.org/books-and-chapters/strained-relations-us-foreign-exchange-operations-and-monetary-policy-twentieth-century/lessons-evolution-us-monetary-and-intervention-policies.