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CAPITALISM vs SoCIALISM
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academician economists American assets August 15 Austria balance of payments bank credits billion bolsheviks Bretton Woods Bretton Woods Agreements capitalism capitalistic nations capitalistic system caused central banks citizens classic Gold commercial banks continued cost deposits devalued disinflation economy effect Eurodollars Federal Reserve System fiat currency fiscal and monetary fractional reserve concept free world German German mark gold bullion Gold Exchange Standard gold reserves governmental increase inflation inflationary concept inflationary excesses inflationary spiral inflationists international monetary system investment investors irresponsibility January key currency liberal-socialists long-term massive member nations ment monetary concept monetary discipline monetary excesses monetary liquidity monetary price monetization multilateral national inflationary policies Nixon noted º º overissue percent period political leaders present President price of gold prices and wages programs proposal reinstitution republican repudiation reserve requirement Roosevelt Rossler runaway inflation society Stefan Zweig tend tion trade troy ounce U.S. dollar U.S. Treasury unemployment United