The Monetary Situation in the United States, as Viewed from Without

R. A. Lehfeldt

The Quarterly Journal of Economics, 1927, vol. 42, issue 1, 26-38

Abstract: Amount of bank deposit currency liable to disturbance from savings deposits, 26. — Initiative in expansion from saving and borrowing respectively, 28. — The features of a monetary expansion, 29. — Circulating and fixed capital as basis for money, 31. — The dispersion of prices, 32. — The appropriate price index, 33. — The facts of recent history, 35. — Prospects, 37.

Date: 1927
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