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Money Managers to the Rescue
The Failure of the International
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abroad acid American amount assets balance of payments balance-of-payments Bank for International bank reserves bankers banking system basic billion bond borrowing cash cent central banks coins commercial banks controls convertible debt decline deficit deflation devaluation dollar domestic economic exchange rates exports Federal Reserve Bank Federal Reserve Board Federal Reserve Notes Federal Reserve System finance FNCB Monthly Letter foreign currencies foreign exchange market gold mining gold production gold reserves gold standard gold stock holdings increase industrial inflation inflationary interest rates International Monetary Fund international monetary system international payments International Settlements investment issued loans long-term member banks ments metal monetary authorities money stock National Bank official operations ounces overseas price level price of gold problem quota reserve currency reserve ratio rise savings selling silver stability sum of items tion transactions Treasury U.S. balance U.S. dollar U.S. gold U.S. Government United York