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Excerpt from The Monetary Outlook
There is also still an enormous State Debt, including a floating debt of over a thousand millions, and the prospect of early maturity of part of the debt which is not of such short period as to be classed with the floating debt.
That these phenomena are connected with one another scarcely needs emphasis, but the nature of the connection has given rise to a certain amount of difference of opinion, and this leads to divergent views regarding the measures which should be adopted in the future. It is not irrelevant, therefore, even if our main interest is in the question what Should be done now, and in the future, to pay some attention to the way in which the present situation has arisen.
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The Monetary Outlook (Classic Reprint)
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Paperback. Zustand: New. Print on Demand. This book examines the factors that led to the economic downturn of 1920-21. The author traces the causes of the post-war inflation to the increase in government borrowing during the war, the creation of new money, and the expansion of credit by the banking system. The book also discusses the significance of the floating debt and the challenges of repaying it, including the potential effects of a capital levy or forced loan. The author provides a comprehensive analysis of the monetary situation of the time and offers insights into the importance of controlling inflation and managing government debt. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Bestandsnummer des Verkäufers 9781330839140_0
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The Monetary Outlook Classic Reprint
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781330839140
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The Monetary Outlook Classic Reprint
Anbieter: PBShop.store UK, Fairford, GLOS, Vereinigtes Königreich
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781330839140
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