A Neglected Point in Connection With Crises (Classic Reprint)

Nicolas August Ludwig Jacob Johannsen

ISBN 10: 1330330781 / ISBN 13: 9781330330784

Verlag: Forgotten Books, 2018

Beschreibung

Print on Demand. This book offers a new perspective on the causes of economic crises and depressions. It argues that the conventional view â " blaming overspending and excessive investment â " is only partially correct. The author identifies another factor, which he calls 'Impairment Savings', as the missing piece of the puzzle. These savings, instead of being invested in new productive capital, are instead used to shore up existing businesses or pay off debts. This process, rather than a lack of funds, is what the author argues leads to a decline in demand and economic stagnation. 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.

Bestandsnummer des Verkäufers 9781330330784_0

Bibliografische Details

• Titel: A Neglected Point in Connection With Crises (Classic Reprint)
• Verlag: Forgotten Books
• Erscheinungsjahr: 2018
• Sprache: Englisch
• ISBN-10: 1330330781
• ISBN-13: 9781330330784
• Einband: Paperback
• Zustand: New
• Buchtyp: print-on-demand item
• Verkäuferkataloge:
  • Economics

Über diesen Titel

Inhaltsangabe

Excerpt from A Neglected Point in Connection With Crises

The Return of Prosperity Complications due to Foreign Trade Relative Scarcity of Currency Unhealthy Basis of the Bank Money Excessive Volume of Bank Money, yet a Dearth of Cash Capital Causes of the Dearth of Cash Capital Inflation and Inflation the moving factor The Panic of 1907 The Subsequent Depression What of the Future?

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.