Monetary Reconstruction |
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according activity additional adopting advantage advocated amount arise assumed average commodity prices average prices banks base basis become bonds cause checks circulation coin commodity prices compared concerns connection considerable continued contraction countries created credits currency debts demand depression disturbance effect ELIMINATION establishment excessive exchange existing expansion extent fact fall Federal Reserve Fisher fixed fluctuations foreign gold standard hand importance increase Index industry inflation instance interest involve issued keep labor laws lead legal money legal tender less limited loans loss maintain means ment metallic million dollars monetary system necessary normal Note obligations operation paper money parity payment periods practical present principles probably production profits promise proper proposed proposed system purchasing power quantity rates reason redeem redemption reference result rise rule securities silver stable suffering supply tion true United wages wholesale withdrawn writer