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BUSINESS WITHOUT A BUYER
UNDERCONSUMPTION AS A BASIC CAUSE
THE DILEMMA OF THRIFT
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abroad achieve automobile industry balance of trade bank credit business depressions buyers C. H. Douglas capacity capital equipment capital facilities cause cent chapter commodities consumer buying consumer demand consumer income consumers enough money consumption corporations costs creased debtors debts deficiency Dilemma of Thrift dividends dollar watch dustry economic employment enable exports factories Federal Reserve System FIGURE financing flow of money Ford gains Germany gold growth Henry Ford increased output individual instalment buying instalment selling Italy joying electric knows labor machines markets means ment merely money in circulation money to buy money to consumers Mussolini nation nomic overproduction paid payments period present price-level problem profit purchasing power real wages reason result savings slump sold standard of living statistics sumers surplus theory things three billion dollars tion true underconsumption United unless volume of money wealth whole Witham workers