Читать книгу Readings in Money and Banking - Chester Arthur Phillips - Страница 78

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On the whole, then, the fall in prices, when considered in connection with the other great changes which have accompanied it, does not afford so much countenance to the bimetallist proposal as at first sight it seems to. The rise in money incomes and the improvements in production disprove any intolerable burden on debtors, and make it highly improbable that the change has had any general depressing effect on industry.

Readings in Money and Banking

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