捐助 发表于 2025-3-30 09:28:21
Policy Responses: Benign Neglect, Exhortation, and Bank Holidays,government authorities intervene to cope with a crisis and if so when? Should they seek to forestall increases in real estate prices and stock prices as their price increases expand so the subsequent crash will be less severe? Should they prick the bubble once it is evident that the prices of properGROSS 发表于 2025-3-30 16:02:34
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The International Lender of Last Resort,trading partners, because the price of its currency would decline in response to a temporary surge in import payments or a shortfall in export earnings. This decline would transmit deflationary pressure to its trading partners, both when the price of its parity was reduced and when the price of its良心 发表于 2025-3-31 00:39:02
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The International Lender of Last Resort,subsequently deflationary pressure was transmitted to Britain. When the price of the British pound declined after Britain went off gold in September 1931, the deflationary pressure was transmitted to the United States, France, Italy, and to the other countries that maintained parities for their curr