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adjusted analysis assets average denomination bank notes bond yields capital cent change in prices chervonets circulation commercial banks commodities computed Confederate confidence intervals cost of holding cost of money demand for money demand function deposit turnover determinants of Dm differences divergence dividend yields Economic equation estimates expected rate Federal Reserve figures German gross national product hand-to-hand currency holding money Hungary Ibid included income velocity increase inflation issued June Lauchlin Currie League of Nations Milton Friedman Monetary Velocity money income money substitutes national income payments percentage period price changes price index price level quantity of money rate of change ratio real cash balances real income real value Reichsbank reichsmarks relative result revenue rise in prices rose rubles seven hyperinflations Statistics stock of money Table tion transactions United variables velocity of money Vy series Warburton wealth wholesale prices wholesale-price index Yes Yes yield on money