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Your search keyword '"*CURRENCY question"' showing total 4 results
Start Over Descriptor "*CURRENCY question" Publication Year Range More than 50 years ago
4 results on '"*CURRENCY question"'

1. CONCENTRATION OF PURCHASING POWER AS A CAUSE OF BUSINESS DEPRESSIONS.

Author

Pendell, Elmer

Subjects
*PURCHASING power, *SAVINGS, *INVESTMENTS, *CONSUMPTION (Economics), *CURRENCY question, *ECONOMIC indicators
Abstract

The article discusses the concentration of purchasing power as a cause of business depressions. The exchange of goods for money or rights to money makes possible a situation in which a predominating proportion of people wish to wait before consuming. The logic of oversaving does not necessarily carry with it the conclusion that purchasing power is lacking, but does explain that purchasing power is not automatically called into use to absorb direct goods. To comprehend the relation of saving to depression it is essential to hold in mind the relation of saving to investment. When there is an exercise of the purchasing power there is a use of commercial bank mechanism. The credit volume varies from time to time. In an expansion of credit volume there is put in use more units of purchasing medium; the holders of these units bid against each other, and as a result of this competitive bidding, some prices rise. The term "saving" is not very expressive of what goes on under a commercial bank system.

Published
1931

2. TWO CHAPTERS IN THE STORY OF GOLD.

Author

Garrett, Garet

Subjects
*PRICE inflation, *GOLD standard, *MONETARY policy, *CIRCULAR velocity of money, *CURRENCY question
Abstract

Discusses issues surrounding inflation and gold standards in the U.S. in 1934. Disputes between the Democratic and Republican party about the reflation and devaluation of a planned currency and a monetary principle; Discussion on the Thomas amendment to the Agricultural Adjustment Act; Reason the U.S. president proclaimed an embargo on exports of gold.

Published
1934

3. Bad Medicine.

Subjects
*PRICE inflation, *BUSINESS enterprises, *ECONOMIC recovery, *CURRENCY question, *GOVERNMENT securities, *PRICE deflation, *BANKING industry, *CREDIT
Abstract

Focuses on the role of inflation in the restoration of business activities and the recovery of prices of goods in the U.S. Advantages and disadvantages of inflation; Use of fiat money and issuance of government bonds to halt deflation; Implication of the complexity of monetary, banking and credit systems and policy for the economy in the country.

Published
1932

4. Dividends for All.

Subjects
*SOCIAL credit, *CONSUMPTION (Economics), *CURRENCY question, *CENTRAL economic planning, *SOCIAL policy, UNITED States economic policy, 1933-1945
Abstract

Focuses on the efforts of the government to provide social credit in an effort to help consumers buy more with their money in the U.S. Assessment of the feasibility for the government to extend social credit to consumers; Opposition of the author to the belief that social credit can be created by a process of currency inflation.

Published
1935

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