The Theory of Money and Credit

¹ Cp able amount bank-notes banks-of-issue bills broader sense capital cheques circulation circumstances claims to money coinage commodity money common medium connexion consequences consumption countries credit money credit transactions credit-issuing banks Currency School demand for money deposits depreciation determined discount doctrine effect etatistic exchange-ratio between money exchange-value of money export extent fact fiat money fiduciary media fluctuations foreign German gold standard important income increase index numbers indirect exchange individual inflation influence issue of fiduciary kinds of money limit marginal utility means medium of exchange ment merely monetary system money-substitutes natural rate notes nowadays objective exchange objective exchange-value obliged payment possible power of money problem production profit purchasing power quantity of money question rate of interest regarded Reichsbank rise significance silver stock of money sums of money theory of money tion token coins use-value valuations value of money variations Wieser