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THE INTERWAR YEARS AND THE ATTACK ON GOLD
The London gold market
6 other sections not shown
adjustment process amount argued Arthur Seldon balance of payments Bretton Woods system capital movements cent central banks classical gold standard constraint consumer prices convertible into gold demand demonetisation developing countries direct link domestic money stock domestic money supply drawing rights economic economists Euro-currency exchange rates export fixed floating exchange floating exchange rates fluctuations France gold holding Gold or Paper gold price gold stock Group of Twenty hoarding Hobart Paper IMF proposals important industrial inflationary bias International Financial Statistics international gold standard International Monetary Fund international monetary system international reserves liabilities liquidity trap London market price ments monetarist monetary authorities monetary expansion monetary policy monetary reserves official price official reserves output overseas paper gold post-war price of gold Professor quotas reserve asset reserve currencies return to gold rise Special Drawing Rights Table theory total reserves transactions unit of account United Kingdom VICTOR MORGAN world inflation