MONEY, BANK CREDIT, AND ECONOMIC CYCLES phần 5 doc

... means of production. 55 336 Money, Bank Credit, and Economic Cycles 55 The above considerations reveal once again the extent to which tradi- tional national income statistics and the measures of ... profit and interest. 52 330 Money, Bank Credit, and Economic Cycles 50 See David Ricardo, The Works and Correspondence of David Ricardo, vol. 1: On the Princi...

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... velocity of circulation of money. 50 Nevertheless 54 2 Money, Bank Credit, and Economic Cycles and also “Business Cycles: Real Facts and Monetary Myth,” Federal Reserve Bank of Minneapolis Quarterly ... investment would have to be saved. 65 552 Money, Bank Credit, and Economic Cycles 65 Hayek, The Pure Theory of Capital, pp. 378 and 394. In the footnote...

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... the bankers renounce their fee and instead take money from those who owe them nothing. 88 90 Money, Bank Credit, and Economic Cycles published by Andrés de Portanarijs in Salamanca in 155 6, as ... total assets and was therefore inadequate to meet the bank s obligations during the recession period. 62 The Medici Bank eventually failed and all 74 Money, Bank Credit,...

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... deposit and hands over the money based on that assumption, and the other receives the money as if it were a loan or mutuum and based on that 140 Money, Bank Credit, and Economic Cycles 25 Coppa-Zuccari, ... equal quantity and quality (the tantundem). Nevertheless, even though a 178 Money, Bank Credit, and Economic Cycles [t]he bank is expert on where its loa...

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... 1,000,000 Bank B 90,000 810,000 900,000 Bank C 81,000 729,000 810,000 Bank D 72,900 656 ,000 729,000 Bank E 65, 600 59 0,000 656 ,000 Bank F 59 ,000 53 1,000 59 0,000 Bank G 53 ,100 478,000 53 1,000 Bank H ... Institute, 2000), pp. 27 and 62. 272 Money, Bank Credit, and Economic Cycles just before they were reached, and therefore no end would ever be achiev...

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... the harmonious cooperation among people and to their economic and social development. 54 Specifically it is 456 Money, Bank Credit, and Economic Cycles 53 F.A. Hayek himself mentions that, under ... period begins and lasts until the entire productive structure and all original factors have adjusted to the new monetary conditions. 446 Money, Bank Credit, and...

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... strict limitations on the issuance of fiduciary media. 56 Parnell’s 632 Money, Bank Credit, and Economic Cycles 56 Henry Parnell, Observations on Paper Money, Banking and Other Trading, including those parts ... revealed the economic equivalence of bank bills and deposits and did so more explicitly than even Condy Raguet. Specifically, Gallatin wrote: 626 Money,...

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... Bank Credit, and Economic Cycles 157 See, for example, White, Competition and Currency (New York: New York University Press, 1989), pp. 55 56 , and Selgin, “Short-Changed in Chile,” p. 5. 158 Hoppe, ... expansion of credit, from prom- issory notes and their monetization, and from the specula- tion this expansion fueled and made possible. 16 728 Money, Bank Cre...

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... Reserve Currency,” Economic Journal 53 , no. 210 (June–September 1943): 176–84; also Chapter 10 in Individualism and Economic Order, pp. 209–19. 830 Money, Bank Credit, and Economic Cycles Graziani, ... Études Humaines 5, nos. 2 and 3 (June–September 1994): 379–91; Spanish version, “La teoría del banco central y de la banca libre” Chapter 11 832 Money, Bank Credit,...

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