John Maynard Keynes: fighting for freedom 1937-1946Macmillan, 1983 - Economists |
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Page 194
... sterling - dollar rate was fixed at $ 4.03 to the pound at the outbreak of the war and imports were made subject to licence . By the summer of 1940 , all ' hard currency ' transactions were subject to exchange control . Sterling area ...
... sterling - dollar rate was fixed at $ 4.03 to the pound at the outbreak of the war and imports were made subject to licence . By the summer of 1940 , all ' hard currency ' transactions were subject to exchange control . Sterling area ...
Page 210
... sterling area ; and that we shall retain the liberty to use bilateral negotiations as an instrument for promoting international trade.68 Like Henderson , the Bank of England believed that the ' cardinal mistake and the greatest ...
... sterling area ; and that we shall retain the liberty to use bilateral negotiations as an instrument for promoting international trade.68 Like Henderson , the Bank of England believed that the ' cardinal mistake and the greatest ...
Page 211
... sterling balances . This , as we have seen , was not a very plausible ' lesson ' to draw from the 1930s . Keynes returned to the charge on 9 November . The Bank's memoranda implied that sterling area countries in surplus with the United ...
... sterling balances . This , as we have seen , was not a very plausible ' lesson ' to draw from the 1930s . Keynes returned to the charge on 9 November . The Bank's memoranda implied that sterling area countries in surplus with the United ...
Contents
THE MIDDLE WAY IN WAR | 46 |
THE DRAGONS OF WAR | 73 |
ENVOY EXTRAORDINARY | 91 |
Copyright | |
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accept agreed agreement American Anglo-American balance of payments Bank of England Bretton Woods Britain British budget Cambridge capital CEMA cent Chancellor Churchill Clayton Clearing Union Committee countries creditor currency Dalton debt December deficit Dennis Robertson Diary discussion dollar draft Eady economic economist exchange rates exports foreign Fund Germany gold standard Halifax Harrod Harry Dexter White Henderson Hopkins Hugh Dalton Ibid income inflation interest investment James Meade JMK to Sir JMK's July June Keynes Plan Keynes wrote Keynes's Keynesian Kingsley Wood Labour Lend-Lease Lionel Robbins loan London Lord Lydia Maynard meeting ment Milo Keynes Minister monetary Morgenthau negotiations November October officials Papers Phillips political post-war problem proposals reserves Richard Kahn Robbins Roosevelt Roy Harrod Schachtian scheme Secretary September Soviet Stabilisation sterling area sterling balances theory thought Tilton told trade Treasury United Vinson wanted wartime Washington Whitehall