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Bankrupting the Enemy The U.S. Financial Siege of Japan Before Pearl Harbor

Miller, Edward S.

Editore: Naval Institute Press (2023)

ISBN 10: 1682478971 ISBN 13: 9781682478974

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Descrizione libro Condizione: New. Brand New! Not Overstocks or Low Quality Book Club Editions! Direct From the Publisher! We're not a giant, faceless warehouse organization! We're a small town bookstore that loves books and loves it's customers! Buy from Lakeside Books!. Codice articolo OTF-S-9781682478974

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Bankrupting the Enemy: The U.s. Financial Siege of Japan Before Pearl Harbor [Soft Cover ]

Miller, Edward S.

Editore: Naval Inst Pr (2023)

ISBN 10: 1682478971 ISBN 13: 9781682478974

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Descrizione libro Soft Cover. Condizione: new. Codice articolo 9781682478974

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Bankrupting the Enemy: The U.S. Financial Siege of Japan Before Pearl Harbor

Miller, Edward S.

Editore: Naval Institute Press (2023)

ISBN 10: 1682478971 ISBN 13: 9781682478974

Nuovo Brossura Quantit�: 4

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California Books
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Descrizione libro Condizione: New. Codice articolo I-9781682478974

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Bankrupting the Enemy (Paperback)

Edward S. Miller

Editore: Naval Institute Press, Annopolis (2023)

ISBN 10: 1682478971 ISBN 13: 9781682478974

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Descrizione libro Paperback. Condizione: new. Paperback. Award-winning author Edward S. Miller contends in this work that the United States forced Japan into international bankruptcy to deter its aggression. While researching newly declassified records of the Treasury and Federal Reserve, Miller, a retired chief financial executive of a Fortune 500 resources corporation, uncovered just how much money mattered. Washington experts confidently predicted that the war in China would bankrupt Japan, not knowing that the Japanese government had a huge cache of dollars fraudulently hidden in New York. Once discovered, Japan scrambled to extract the money. But, Miller explains, in July 1941 President Roosevelt invoked a long-forgotten clause of the Trading with the Enemy Act of 1917 to freeze Japan's dollars and forbade it to sell its hoard of gold to the U.S. Treasury, the only open gold market after 1939. Roosevelt's temporary gambit to bring Japan to its senses, not its knees, was thwarted, however, by opportunistic bureaucrats. Dean Acheson, his handpicked administrator, slyly maneuvered to deny Japan the dollars needed to buy oil and other resources for war and for economic survival. Miller's lucid writing and thorough understanding of the complexities of international finance enable readers unfamiliar with financial concepts and terminology to grasp his explanation of the impact of U.S. economic policies on Japan. His review of thirty-seven studies of Japan's resource deficiencies begs the question of why no U.S. agency calculated the impact of the freeze on Japan's overall economy. His analysis of a massive OSS-State Department study of prewar Japan clearly demonstrates that the deprivations facing the Japanese people were the country to remain in financial limbo buttressed its choice of war at Pearl Harbor. Such a well-documented study is certain to be recognized for its significant contributions to the historiography of the origins of the Pacific War. Award-winning author Edward Miller contends in this work that the United States forced Japan into international bankruptcy to deter its aggression. Millers lucid writing and thorough understanding of the complexities of international finance enable readers to grasp his explanation of the impact of US economic policies on Japan. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Codice articolo 9781682478974

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