Financial History of the United States: Fiscal, Monetary, Banking, and Tariff, Including Financial Administration and State and Local Finance, Volume 2 |
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Page 407
4,325.1 $ 6,370.9 Deficits ( net ) .. 1,783.8 2,895.5 Deficits ( gross ) 8 . ... The only way to avoid per- manent stagnation was to have the government engage in continuous deficit spending in amounts sufficient to compensate for the ...
4,325.1 $ 6,370.9 Deficits ( net ) .. 1,783.8 2,895.5 Deficits ( gross ) 8 . ... The only way to avoid per- manent stagnation was to have the government engage in continuous deficit spending in amounts sufficient to compensate for the ...
Page 529
In that year , the deficit exceeded $ 3 billion , and the gold outflow also passed $ 3 billion . By 1959 , something very much like panic had replaced the previous feeling of indifference in the nation's financial centers .
In that year , the deficit exceeded $ 3 billion , and the gold outflow also passed $ 3 billion . By 1959 , something very much like panic had replaced the previous feeling of indifference in the nation's financial centers .
Page 547
But since the economy is a delicate and sensitive instrument , radical changes in government expenditures , receipts , and , especially , the surplus or deficit should not be encouraged . Under the fiscal structure that existed in the ...
But since the economy is a delicate and sensitive instrument , radical changes in government expenditures , receipts , and , especially , the surplus or deficit should not be encouraged . Under the fiscal structure that existed in the ...
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Contents
The Meaning and Basic Trends of Financial History | 1 |
Monetary and International Fi nancial Policies | 4 |
26 | 7 |
Copyright | |
56 other sections not shown
Other editions - View all
Financial History of the United States: Fiscal, Monetary, Banking, and ... Paul Studenski,Herman Edward Krooss No preview available - 2011 |
Financial History of the United States: Fiscal, Monetary, Banking, and ... Paul Studenski,Herman Edward Krooss No preview available - 2011 |
Common terms and phrases
addition administration American Annual Report authorized balance bank reserves bankers banking system became began bill Bland-Allison Act Board borrowing budget capital cash cent certificates circulation cities coin colonies commercial banks Committee Comptroller Congress corporate cost currency declined deficit demand deposits depression duties economic established estimated excises expansion export favored Federal government Federal Reserve Federal Reserve Act Federal Reserve Board Federal Reserve System finance fiscal policy foreign funds gold standard government bonds greenbacks Hoover important income tax increased inflation interest rates investment issue June land levied loans member banks ment monetary money market money supply municipal National Bank Act national banks national-bank operations paper money payments pensions period President proposed purchase receipts recommended rediscount reduced refunding repealed Reserve banks retirement revenue Secretary securities Senate silver specie spending surplus tariff taxation tion Treasury notes Treasury's United veto York
Bibliographic information
| Title | Financial History of the United States: Fiscal, Monetary, Banking, and Tariff, Including Financial Administration and State and Local Finance, Volume 2 Financial History of the United States: Fiscal, Monetary, Banking, and Tariff, Including Financial Administration and State and Local Finance, Herman Edward Krooss |
| Authors | Paul Studenski, Herman Edward Krooss |
| Edition | 2 |
| Publisher | McGraw-Hill, 1963 |
| Length | 605 pages |
| Export Citation | BiBTeX EndNote RefMan |