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Page 38
On the other , if it is due to a relative decrease in the stock of monetary gold , the rise is permanent ; and as the gap between gold production and wealth production widens , or rather tends to widen , the gains and losses accruing to ...
On the other , if it is due to a relative decrease in the stock of monetary gold , the rise is permanent ; and as the gap between gold production and wealth production widens , or rather tends to widen , the gains and losses accruing to ...
Page 39
6 constantly increasing supply of gold cannot be met for ever ; and sooner or later , as there is or is not economy , and as there comes to light or not new gold fields , the monetary authorities of the world will be compelled to ...
6 constantly increasing supply of gold cannot be met for ever ; and sooner or later , as there is or is not economy , and as there comes to light or not new gold fields , the monetary authorities of the world will be compelled to ...
Page 44
If , for instance , China decided to embrace the Gold Standard , it would be necessary for monetary authorities to meet the increase in the demand for gold by special reductions in the quantity of the metal per money unit .
If , for instance , China decided to embrace the Gold Standard , it would be necessary for monetary authorities to meet the increase in the demand for gold by special reductions in the quantity of the metal per money unit .
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Contents
JULY | 1 |
The Retreat of 1914 and the Battle of the Marne | 2 |
OxfordCambridge CambridgeOxford | 3 |
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