Financial History of the United States: Fiscal, Monetary, Banking, and Tariff, Including Financial Administration and State and Local Finance, Volume 2McGraw-Hill, 1963 - 605 pages |
From inside the book
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Page 398
... monetary and credit policy could not encourage entrepreneurs to borrow and could not expand the use of credit . No one was more cognizant of this than the monetary managers themselves . Late in the period , Eccles stated flatly that ...
... monetary and credit policy could not encourage entrepreneurs to borrow and could not expand the use of credit . No one was more cognizant of this than the monetary managers themselves . Late in the period , Eccles stated flatly that ...
Page 502
... monetary techniques.12 But at no time did they take direct issue with the Treasury . Agreeing fully that fiscal measures would have to be the main line of defense , they usually added a postscript : " monetary and credit action is also ...
... monetary techniques.12 But at no time did they take direct issue with the Treasury . Agreeing fully that fiscal measures would have to be the main line of defense , they usually added a postscript : " monetary and credit action is also ...
Page 563
... monetary authorities would put their minds to it , they could produce maximum economic growth without inflation . Those who were responsible for monetary policy did not share this roseate view . They were well aware that monetary policy ...
... monetary authorities would put their minds to it , they could produce maximum economic growth without inflation . Those who were responsible for monetary policy did not share this roseate view . They were well aware that monetary policy ...
Contents
The Meaning and Basic Trends of Financial History | 1 |
From the Colonial Period to the Civil | 11 |
Colonial Finance | 12 |
Copyright | |
36 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 certificates circulation cities coin commercial banks Committee Comptroller Congress continued corporate cost currency declined deficit demand deposits depression duties economic established estimated excises expansion export Federal government Federal Reserve Federal Reserve Act Federal Reserve Board Federal Reserve System finance fiscal policy foreign funds gold standard government bonds greenbacks important income tax increased inflation interest rates internal improvements investment issue June land levied loans member banks ment monetary monetary policy money market money supply municipal National Bank Act national banks operations paper money payments pensions period President proposed purchase receipts recommended redeem reduced refunding repealed Reserve banks revenue Secretary securities Senate silver sold specie spending surplus tariff taxation tion Treasury notes Treasury's United veto York