A Survey of the Maldistribution of the World’s Gold Stocks, and a Study of the Possible Causes and Effects Thereof
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Date
1938-06
Authors
Walker, Esther Christensen
Journal Title
Journal ISSN
Volume Title
Publisher
University of Oregon
Abstract
Ricardo, father of the orthodox theory of the gold,
standard, asserts; "Gold and silver having been chosen
for the general medium of circulation, they are by the
competition of commerce distributed in such proportions
amongst the different countries of the world as to accommodate
themselves to the natural traffic which would
take lace if no such metals existed, and trade between
countries were purely a trade of barter."
Description
95 pages
Keywords
gold balances in the US, post-war credit maladjustments, Anglo-American post-war credit