World War One destabilized the international money system so badly that most countries had a hard time going back to pre-war standards of monetary policy. In this fumbling around they all experimented with devaluing their currencies in order to encourage foreigners to buy more of their stuff. But did it work? Watch to find out.

Sources and Affiliate Links

Currency Wars, by James Rickards https://amzn.to/3jMEpJ6

Lords of Finance, by Liaquat Ahamed https://amzn.to/2GPe920

The Anatomy of an International Monetary Regime, by Giulio M. Gallarotti https://amzn.to/34zw9pz

The Alchemists, by Neil Irwin https://amzn.to/36LX0Bd