Post-war Banking Policy: A Series of Addresses

additional American amount balances bank cash bank credit bank deposits bank loans Bank of Eng Bank of England Bank Rate basis billion dollars bills borrowing cash resources cause cent central bank commodities consequence considerable created credit and currency creditor currency in circulation dear money debtor demand earning assets economic effect exchange expansion of credit exportable surplus Federal Reserve notes Federal Reserve system figures foreign France Germany gold exchange standards gold standard Government increase inflation investments issue lend liabilities limit means member banks ment millions monetary deflation monetary policy movement of gold output payment period pound sterling pre-war price level production prosperity purchasing power quantity of money reduced Reichsbank reparations requirements restriction of credit rise in prices sterling supply of money taxation tion to-day total of bank trade depression Treasury Treaty of Versailles unem unemployment United volume of money wages