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War borrowing

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Bibliographic data

fullscreen: War borrowing

Monograph

Identifikator:
101124439X
URN:
urn:nbn:de:zbw-retromon-21219
Document type:
Monograph
Author:
Hollander, Jacob H. http://d-nb.info/gnd/136924867
Title:
War borrowing
Place of publication:
New York
Publisher:
The Macmillan Company
Year of publication:
1919
Scope:
1 Online-Ressource (215 Seiten)
Digitisation:
2018
Collection:
Economics Books
Usage license:
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Chapter

Document type:
Monograph
Structure type:
Chapter
Title:
The future
Collection:
Economics Books

Contents

Table of contents

  • War borrowing
  • Title page
  • Contents
  • The past
  • The present
  • The treasury
  • The money market
  • The price level
  • The future
  • Index

Full text

THE FUTURE 
21 X 
financial institutions could be induced to participate 
in certificate purchase have been developments far 
beyond every estimate based upon past experience. 
It is not too much to anticipate a like favorable re 
sult in this particular. Certificate borrowing has 
the virtue of familiar use; installment payment, 
the handicap of novelty. But the issue is, on the 
one hand, between a manner of demand borrow 
ing effected through the direct expansion of bank 
credit with mischief making possibilities of in 
flation and rising prices; and, on the other hand, a 
mode of direct funding which will supply the 
Treasury’s needs from the savings of its citizenry 
with the accompaniment of restrained expenditure 
and a heritage of new thrift. If there be any risk 
in the venture it would surely seem worth the 
taking. 
THE END
	        

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War Borrowing. The Macmillan Company, 1919.
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