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Review: A Tract on Monetary ReformUser Review - Goodreads
Quite a difficult read -- not sure if its because of my weak grasp of economics or because of his language. Still, it was interesting to me to go back and read this work by Keynes. The way he argues ...
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actual aﬁect amount arbitrage balance Bank of England bank rate bank-rate beneﬁt borrowing Britain capital cash cent per annum Chapter commodities conﬁdence countries country’s Currency Note Deﬂation depreciation Devaluation diﬁerent discount on forward economic eﬁect equation of exchange equilibrium fact fall Federal Reserve Board ﬁgures ﬁnance ﬁnancial ﬁnd ﬁrst ﬁxed ﬂow ﬂuctuations foreign forward dollars forward exchange franc Germany gold reserves gold standard Government income increase index number inﬂation inﬂationary inﬂuence internal price level investments Irving Fisher June London ment method monetary money rate month movement note issue period practice proﬁt proportion purchasing power parity rate of exchange rate of interest real rate reason restoration result rise risk speculative spot and forward stabilisation standard of value steady sterling sterling prices store of value suﬂicient taxation theory tion trade transactions Treasury United value of gold value of money volume whilst