Barry Eichengreen (1992)blamed the severity of the worldwide depression from 1929 to 1933 on the countries who abandoned the rules of the gold standard during economic downturns.This abandonment relieved countries from the monetary discipline measures of the gold standard.

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Barry Eichengreen's argument was that the countries who abandoned the gold standard during economic downturns contributed to the severity of the worldwide depression, as they were no longer bound by the monetary discipline measures of the gold standard.

Barry Eichengreen (1992)blamed the Severity of the Worldwide Depression from 1929