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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?
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A Neglected Point in Connection With Crises (Classic Reprint)
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Paperback. Condizione: New. 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. print-on-demand item. Codice articolo 9781330330784_0
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A Neglected Point in Connection With Crises Classic Reprint
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PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781330330784
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A Neglected Point in Connection With Crises Classic Reprint
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PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781330330784
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