intolerance 发表于 2025-3-23 12:42:13
Economy (1931)ory of the world. No country is exempt. The privation and—what is sometimes worse—the anxiety which exist today in millions of homes all over the world is extreme. In the three chief industrial countries of the world, Great Britain, Germany and the United States, I estimate that probably 12 millioncondone 发表于 2025-3-23 14:42:32
The Consequences to the Banks of the Collapse of Money Values (August 1931) resources ensuing on this, which was the leading feature of the economic situation. Today, in many parts of the world, it is the serious embarrassment of the banks which is the cause of our gravest concern. The shattering German crisis of July 1931, which took the world more by surprise than it shoBAIL 发表于 2025-3-23 19:04:48
Alternative Aims in Monetary Policy (1923)emain stable in terms of what was supposed to be the standard of value, namely gold; and the failure of gold itself to remain stable in terms of purchasing power. Attention has been mainly concentrated (e.g. by the Cunliffe Committee) on the first of these two factors. It is often assumed that the rFLINT 发表于 2025-3-23 23:16:49
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Alternative Aims in Monetary Policy (1923)e, our objective; and that the main question of controversy is whether national currencies should be restored to their pre-war gold value or to some lower value nearer to the present facts; in other words, the choice between . and ..漂泊 发表于 2025-3-24 14:41:06
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The Great Slump of 1930 (1930)fears as, previously, when the trouble was first coming on, he was lacking in what would have been a reasonable anxiety. He begins to doubt the future. Is he now awakening from a pleasant dream to face the darkness of facts? Or dropping off into a nightmare which will pass away?DRILL 发表于 2025-3-24 20:18:10
The Speeches of the Bank Chairmen (1924–1927)a, during which we are all ephemerally equal with words for weapons. These occasions are of great general interest. But they are more than this. They have a representative significance; they hold up, as it were, financial fashion plates. What have they found to say this year about monetary policy?裂隙 发表于 2025-3-25 02:14:11
https://doi.org/10.1007/978-1-4612-4568-1 years, by the burden of a vast war debt, by the depreciation of her currency to less than one-seventh its former value, by the disruption of her allies and their territories, by revolution at home and Bolshevism on her borders, and by all the unmeasured ruin in strength and hope of four years of all-swallowing war and final defeat.