Exploring the biggest questions of our time with the help of the world's greatest thinkers. Host Manoush Zomorodi inspires us to learn more about the world, our communities, and most importantly, ourselves.Get more brainy miscellany with TED Radio Hour+. Your subscription supports the show and unlocks a sponsor-free feed. Learn more at plus.npr.org/ted
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#253: Gold Standard, R.I.P.
Note: Today's show is a rerun. It originally ran in February 2011. Franklin Delano Roosevelt ignores the advice of America's big-name economists — and listens instead to a guy who helped take care of the trees on his estate. Montagu Norman, head of the Bank of England, gets a coded message at a critical moment — and completely misunderstands what it means. On today's Planet Money: The gold standard and the Great Depression. It's the latest in our series on gold and the meaning of money.