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OUR ESTIMATE OF THE SITUATION
THE EVOLUTION OF COMMERCIAL BANKING
SOURCES OF PURCHASING MEDIA
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amount annual Annuities assets banking system boom borrowed buying power cash surrender value chariots checking accounts checks on gold circulation claim checks coinage commodity prices common stocks Continental currency continued cost of living created debt decrease deficits deflation demand deposits depreciation devaluation dollar E. C. Harwood Economic Research effects of inflation excess exchange value Federal Reserve System France French funds future German goldsmiths Government bonds income increased individuals industrial inflationary purchasing media Institute for Economic insurance companies interest investments investor involved issued loans merchants Mississippi Bubble monetization money commodity money-credit mortgage Nation needs notes obtained paper currency payment percent policyholders premium probably problems production profits prolonged promissory note protection real estate Reichsbank result rise savings accounts savings deposits securities silver sound commercial banking source of purchasing speculation stock prices term insurance term policies things tion Treasury wheat World