Money

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Identifikator:: 1896933912

Document type:: Multivolume work

Author:: Keith, Arthur Berriedale http://d-nb.info/gnd/119086794

Title:: Responsible government in the Dominions

Place of publication:: Oxford

Publisher:: Clarendon Press

Year of publication:: 1912-

Collection:: Economics Books

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Volume

Identifikator:: 1896935052

URN:: urn:nbn:de:zbw-retromon-238139

Document type:: Volume

Author:: Keith, Arthur Berriedale http://d-nb.info/gnd/119086794

Title:: Responsible government in the Dominions

Volume count:: Vol. 2

Place of publication:: Oxford

Publisher:: Clarendon Pr.

Year of publication:: 1912

Scope:: XI Seiten, Seiten 570-1100

Digitisation:: 2022

Collection:: Economics Books

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CONTENTS § 3. BANKS AND PRICES . \ X1 PAGR « 79-85 Economy of currency effected by banks : . 79-80 Not to be measured by the magnitude of deposits . 80-81 Deposits do not form an addition to the currency . 81-3 Banks do not control prices except in a very limited and temporary sense . 83-5 § THE EFFECT OF ** COVER ”’ ON THE VALUE OF PaPER CURRENCY . . When the paper is convertible When it is inconvertible + $s. “ SCARCITY OF COMMODITIES ”’ AS A CAUSE oF Higa PRICES . . 85-9 85-7 87-9 89-91 A diminution of commodities other than money would be a reason for diminishing, not for increasing currency 8g Fluctuations in the plentifulness of commodities are negligible " 89-qg1 PART III. THE RECENT HISTORICAL EXAMPLE § 1. PRICES RECKONED IN GOLD . 92-3 Have risen in consequence of diminished demand for gold 92-3 § :. PRICES RECKONED IN PAPER . . .93—107 Booms created by the optimism of private persons are short-lived, because such persons cannot create cur- rency to pay with . . . ‘ . . But governments maintained by liberal creations of paper currency the boom which was started by the promise of enormous expenditure on the War. . 06-8 The supposed advantages of this were delusive 98-9 And the disadvantages enormous . . C9~-101 Reintroduction of limitation of currency in Great Britain in 1920 . 101-7 93-6

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