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THE APPARENT CAUSE OF CRISES
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absorbed accumulation act of investment aggregate amount annum bank money become billion dollars borrowing business activity buying capital2 Capitalistic Form cash capital cause of depressions cent Chapter commercial banks constructions consumption country's wealth create creation credit money currency dearth of cash demand for commodities economic economists employment enterprise Excess Savings existence expended explained exports extent factor favorable find investment forces forces6 foreign trade Form of Investment FORM OF SAVING hand harm idle cash funds Impair Savings Impairing Form impoverishment inasmuch increase individual inflation Johannsen lack of demand latter lines liquid capital loans loss of income mand means ment money market money supply Multiplying Principle NEGLECTED POINT non-savers panic productive capital prosperity purchasing power railroads represented savers saving activity saving power saving process savings funds scarcity shape sorb surplus earnings takes place theory therewith tion trade balance unem vestment wages and prices