Some Notes on Agricultural Readjustment and the High Cost of Living (Classic Reprint) - Softcover

Hoover, Herbert

Softcover

ISBN 10: 1330651979 ISBN 13: 9781330651971

Verlag: Forgotten Books, 2018

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Reseña del editor:

Excerpt from Some Notes on Agricultural Readjustment and the High Cost of Living

It will be accepted at once that the volume of bank deposits must grow with increased commodity production and therefore we may roughly examine into this as well. If we combine the tonnage productivity of agriculture, metals, coal, salt, cement, lumber and the quarries, we shall 'cover the great bulk of our products. These figures also must be taken as merely indicating the tendencies of the times.

If we attach the index of prices during these periods and com pare them with the per cent. Variation in commodity production and bank deposits, we have the following interesting parallels.

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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Reseña del editor:

Excerpt from Some Notes on Agricultural Readjustment and the High Cost of Living

Sixth: That analysis of the character of the margin the farmer and wholesaler will show that decreases in price find immediate reflection on the farmer, while immediate increases in price are absorbed by the trades between, and the farmer gets but a lagging increase.

Seventh: That an analysis of these margins will show that they can be constructively diminished, but that, regrettable as it is, the prosecution of profiteers will not do it.

Eighth: That the problem must be solved if our agriculture is to be maintained and if the balance between the agriculture and general industry is to be preserved so as to prevent our becoming dependent upon imports for food, with a train of industrial and national dangers.

Present Prices Due to Inflation and Shortage in World Production

Our war inflation does not lie so much in our increased gold and currency. Our currency per capita has increased by perhaps twenty-five or thirty per cent.; but, compared to European practice of currency inflations of from 200 to 800 per cent., our conduct has been provident indeed. This is not, however, the real area of inflation. It lies in the expansion of our bank credits. If we exclude the savings banks as not being credit institutions in the ordinary sense, and if we compile the commercial bank deposits we do no doubt gather in some real savings, but nevertheless the figures show a considerable color of inflation somewhere. No one need think we have gotten so suddenly rich as the money complexion of these figures might indicate. At the outset it should be emphasized that all figures of this kind are subject to dispute and interpretation; but after all such deductions, the indication of tendencies remains.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Über diese Auflage

• Verlag: Forgotten Books
• Erscheinungsdatum: 2018
• ISBN 10: 1330651979
• ISBN 13: 9781330651971
• Einband: Tapa blanda
• Anzahl der Seiten: 28