Work in progress — cycles are added one at a time. Every quote is machine-verified against an archived source; follow the links to read it.
Issues › Money, Currency & Credit
Restoring the commodity price level (reflation)
Also known as: Sound money vs. inflation (1896-1940)
| Cycle | Candidate | Position | Solution | Strength | Attribution | Verdict |
|---|---|---|---|---|---|---|
| 1932 | Franklin D. Roosevelt (Democratic) | Restore commodity prices toward their former dollar value rather than write down all debts | Treat the change in the dollar's commodity value as a problem to be met "straightforwardly": either restore commodity prices to roughly the level of several years earlier, or accept continued defaults and write-downs of … | directional_stance | candidate_direct | kept |