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The Economic Significance of Gold Mal
The Causes of Gold Movements into and
to the Report of the Com
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actually adjustment aggregate alternative American amount areas argued balance of payments balance of trade Bank of England bank rate bankers banking system borrowing branch banking Britain British capital capitalistic cause cent Central Bank changes consequences costs currency demand deposits depression desire difficulties direct discount rate economic economists effect equilibrium European Central Banks existing fact factors factors of production fall Federal Reserve Bank Federal Reserve System foreign funds G. D. H. Cole gold imports gold movements gold standard greater hoarding income increase inflation international trade investments involved labour less loans means ment method money market months National Banks open market opinion output period planning population position possible pound sterling present pressure price level problem production profits purchasing power rate of exchange raw materials reduction result securities situation sterling tariff tion unemployment United volume wages whilst whole world prices