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The Changes in the Structure
The Changes in the Functioning
The Adequacy of the World Supply of Gold
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2.8 per cent America amount of gold apply the gold arbitrage transactions Bank of England Bank of France banks which apply Cassel cent inflow changes commercial banks countries currency decline demand for gold diminished discount policy economic progress effect export fluctuations foreign exchange reserves fundamental reserves gold clearing gold coin gold exchange standard gold for monetary gold market gold reserves gold standard important increase of production inflow of gold influence International Bank Kitchin's League of Nations level of prices metallic reserves million dollars minimum reserve requirements monetary circulation monetary gold monetary purposes movements of gold national income note issue payments period pound sterling power of gold pre-war present price-level production of gold profits protectionism purchasing power rate of economic rate of exchange reduce Reichsbank reserve ratio reserves of gold reserves of monetary secular shortage of gold sight liabilities silver stabilisation stock of gold to-day total stock