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 179
In periods of recession , the situation was reversed , and currency expanded even though the demand for it was lacking . At the same time the system hampered government fiscal opera- tions , because the Treasury was reluctant to pay off ...
In periods of recession , the situation was reversed , and currency expanded even though the demand for it was lacking . At the same time the system hampered government fiscal opera- tions , because the Treasury was reluctant to pay off ...
Page 442
Thus , the whole process increased demand deposits and the volume of currency , providing the fuel to feed inflation . There were other features of Treasury policy which tended to inflate currency and demand deposits .
Thus , the whole process increased demand deposits and the volume of currency , providing the fuel to feed inflation . There were other features of Treasury policy which tended to inflate currency and demand deposits .
Page 554
Between 1946 and 1949 , the money supply , demand deposits , and velocity increased very little . Less than $ 1 billion was added to money in circulation and only $ 2.5 billion to demand deposits . Between 1953 and 1961 , by contrast ...
Between 1946 and 1949 , the money supply , demand deposits , and velocity increased very little . Less than $ 1 billion was added to money in circulation and only $ 2.5 billion to demand deposits . Between 1953 and 1961 , by contrast ...
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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 |