MONEY, BANK CREDIT, AND ECONOMIC CYCLES phần 10 pptx

... 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, ... coordinated 798 Money, Bank Credit, and Economic Cycles had been backed by a 100 percent reserve and mutual funds had been created with the system’s assets....

Ngày tải lên: 09/08/2014, 19:21

... exactly when and under 462 Money, Bank Credit, and Economic Cycles 62 Machlup, The Stock Market, Credit and Capital Formation, p. 92. This book by Machlup is essential to understanding the cycle’s ... to 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....

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... below 10 percent of 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, and Economic ... by England’s inability to repay its loans and the drastic fall in the 70 Money, Bank Credit, and Economic Cycles in effect, and contrary to the original...

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... 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 loans should be made and to whom, and reaps the ... a 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 Cre...

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... 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 achieved and human action would be senseless. 9 CAPITAL AND CAPITAL ... by the other banks, as shown in Table IV-2. If all of the banks expand credit simultaneously, Bank A’s journal entries would appear as follows: 268 Money,...

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... 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 Principles of Political Economy and Taxation, ... remained 366 Money, Bank Credit, and Economic Cycles 75 The additional demand on the part of the expanding entre- preneurs tends to raise the prices of producers...

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... money. 50 Nevertheless 542 Money, Bank Credit, and Economic Cycles and also “Business Cycles: Real Facts and Monetary Myth,” Federal Reserve Bank of Minneapolis Quarterly Review 14 (1990): 3–18. Authors of these and ... every good and 532 Money, Bank Credit, and Economic Cycles 32 Murray N. Rothbard argues that the “general price level,” P, is a weighted ave...

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... revealed the economic equivalence of bank bills and deposits and did so more explicitly than even Condy Raguet. Specifically, Gallatin wrote: 626 Money, Bank Credit, and Economic Cycles 48 Reprinted ... Law’s, 614 Money, Bank Credit, and Economic Cycles vol. 4; and also in Several Papers Relating to Money, Interest, and Trade, Etcetera (New York: Augustu...

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... of currency and an end to state and central -bank intervention with respect to its issuance and control over its value. This goal requires the 736 Money, Bank Credit, and Economic Cycles incorporates ... were introduced and participants (bankers and their customers) Central and Free Banking Theory 711 of the notes banks had issued. Thus, in reference to bank runs, S...

Ngày tải lên: 09/08/2014, 19:21