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BACKGROUND TO THE PURCHASING POWER OF MONEY
THE PURCHASING POWER OF MONEY
FISHERS PROPOSAL FOR A COMPENSATED DOLLAR
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adjust anti-quantity bank notes banking reform behaviour bimetallism borrowing cash cash-balance ceteris paribus version changes chap chapter of Purchasing checkbook money Clow comparative-static Compensated Dollar controversy currency demand deposits depends determined discussion economy effect elements emphasis empirical analysis equation of exchange equilibrium examined Federal Reserve Act Federal Reserve System Fisher wrote Fisher's analysis Fisher's proposal Fisher's view gold coin hand-to-hand money Ibid increase individual Irving Fisher issue Kemmerer Laughlin Laughlin's view loans long-run factors medium of exchange Mitchell Mitchell's monetary system money commodity money supply nominal interest rate payments Power of Money price index price level price rises Principles profits Purchasing Power quan quantity of hand-to-hand quantity of money quantity theory result Stabilizing the Dollar standard monetary commodity theory of money theory of prices tity theory transactions transition periods transition-periods analysis validity value of gold value of money variables velocity of circulation volume of trade Wicksell