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Why the Muddle Happened
More Twists in the Coil
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abroad action after-War amount balance of payments Bank of England Bank of France bankers Basle boom borrow British industry Budget buying power cash-grabbing cause cent central banks cheques Committee commodity prices confidence countries creditors crisis currency customers Dawes plan debtors debts deposit dollars economic Economist effect Einzig Europe exchange value fact fall Federal Reserve banks foreign money France and America France's French Germany's gold standard game gold stock Government Hartley Withers Hitler election hoarding Hoover suspension important increased index numbers international capital market legal tender lend lenders loans MAURICE DOBB meantime ment millions mistrust monetary system money machine Money Maze money muddle nations obligations owing panic parity play the gold possible pound pre-War price level problem produced Quantity Theory Reichsbank restore run on Germany run on London scheme securities sell Stahlhelm statesmen steady tion Versailles Treaty world trade Young plan