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The Monetary Position of the United States at
The Present Tendency to Dishoard Money as
Inflationary Factors Other than the Release
16 other sections not shown
accumulated actually circulates actually in circulation amounts concerned average bank credit bank reserves billions business enterprises capital assets capital funds checking coins or currency commercial banks constitute course currency bills currency in existence current savings deficit demand for savings deposits in existence discussed dishoarding doubtless economic excess reserves expansion fact factor Federal Government figures fiscal foreigners gold imports government securities governmental hand-to-hand currency actually held Hence hoarded demand deposits hoarded hand-to-hand currency hoarded money increase individual persons inflationary danger investment ment monetary money actually national capital markets national income national production national savings national supply obvious occurred payments period present study price ceiling price level purchasing power rate of saving released from hoarding rency reserve banks reserve requirements rise savings balance seems shortage shrinkage situation substantial supply of savings supply of true thereby Treasury true circulating media true deposit currency United velocity volume