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" ... and prolong the period of liquidation. Our aim, accordingly, should be to check the rise of prices when the index numbers of physical output indicate that the limit of existing capacity is being approached. At that point it would be desirable to raise... "
The American Economic Review - الصفحة 25
1918
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The Stabilization of Business

Wesley Clair Mitchell, Irving Fisher, Frank Haigh Dixon - 1923 - عدد الصفحات: 424
...not to increase the current supply of serviceable goods, but to create confusion in the markets, to stimulate disserviceable speculation, and to produce...— even though reserve ratios might still be high. A later proposal and one which Professor Sprague now regards as more important and easier to apply,...

Control of Credit as a Remedy for Unemployment

John Rotherford Bellerby, International Association on Unemployment - 1924 - عدد الصفحات: 132
...not to increase the current supply of serviceable goods, but to create confusion in the markets, to stimulate disserviceable speculation, and to produce...— even though reserve ratios might still be high." (*) Mr. FW Pethick Lawrence suggests a further index. "What would really help to regulate trade would...




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