Money in a MaelstromMacmillan Company, 1949 - 221 páginas |
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Página 42
... loans granted to banks , indus- tries , and commercial firms in Germany , Austria , and Hun- gary was in itself perfectly sound . It was the natural function of the markets in the then surplus countries to give such loans . Financing ...
... loans granted to banks , indus- tries , and commercial firms in Germany , Austria , and Hun- gary was in itself perfectly sound . It was the natural function of the markets in the then surplus countries to give such loans . Financing ...
Página 64
... Loans from the United States and from France were obtained . They did not stop the run . Further loans were asked and refused , and on September 21 , 1931 , the Bank of England was released from its obligation to redeem its bank notes ...
... Loans from the United States and from France were obtained . They did not stop the run . Further loans were asked and refused , and on September 21 , 1931 , the Bank of England was released from its obligation to redeem its bank notes ...
Página 71
... loans and to introduce various measures of exchange control and currency devaluation . One should not belittle the seriousness of these defaults on long term loans . But , whatever the loan contracts may say to the contrary , the ...
... loans and to introduce various measures of exchange control and currency devaluation . One should not belittle the seriousness of these defaults on long term loans . But , whatever the loan contracts may say to the contrary , the ...
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Palavras e frases frequentes
1925 gold standard acceptance assets Austria balance of payments bancor bankers bilateral Bretton Woods Agreements Bretton Woods Conference Bretton Woods system capital flight Central Banks clearing agreement Clearing Union coun crisis Dawes Plan debt debtor delegation depression devaluation dollar economic and financial effect equilibrium Europe exchange control exchange rates exchange restrictions exports financing foreign exchange free convertibility free currency Fund Agreement German Germany's Governor imports inflation institution interference International Bank international cooperation International Monetary Fund international monetary system international trade investment Keynes loans London long term Marshall Plan ment mone monetary agreements monetary authorities monetary policy monetary relations multilateral multiple currency Nazi offer and demand overvalued parity political principles problem rate of exchange reconstruction Reichsbank Reichsmark rency reparation payments Schacht short term credits situation social sterling surplus tary tion tional transactions transitional period United White Plan