Reparations, Trade And Foreign Exchange
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To quickly assess the difficulty of the text, read a short excerpt:
Since the Indemnity presupposes, speculation in marks, and since the intensity of future exchange- dumping is a function of the unwillingness of speculators to buy marks for the rise, both the English Treasury and the English trader have good cause to be interested in the doings of the EngUsh speculator.
In this chapter we consider the German mark and the German Indemnity from the point of view of the English speculator. For the sake of convenience we weigh up the situation as it stood in Novem...ber 1921, but the dates and figures here contained are not themselves of great importance : they will be out of date in a year's time. Our analysis of to-day's situation is merely meant to illustrate the methods of the carefiil speculator. Our emphasis lies on the principles of speculation rather than on the conclusions to be reached from the facts of November 1921.
Conditions detennining the Volume of Speculation in Marks.
In order to determine the volume of speculation in marks by Englishmen it is convenient to look AND FOREIGN EXCHANGE 203 at the matter through the eyes of an English speculator.
What to read after Reparations, Trade And Foreign Exchange?
You can find similar books in the "Read Also" column, or choose other free books by Angas, Lawrence Lee Bazley to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Since the Indemnity presupposes, speculation in marks, and since the intensity of future exchange- dumping is a function of the unwillingness of speculators to buy marks for the rise, both the English Treasury and the English trader have good cause to be interested in the doings of the EngUsh speculator.
In this chapter we consider the German mark and the German Indemnity from the point of view of the English speculator. For the sake of convenience we weigh up the situation as it stood in Novem...ber 1921, but the dates and figures here contained are not themselves of great importance : they will be out of date in a year's time. Our analysis of to-day's situation is merely meant to illustrate the methods of the carefiil speculator. Our emphasis lies on the principles of speculation rather than on the conclusions to be reached from the facts of November 1921.
Conditions detennining the Volume of Speculation in Marks.
In order to determine the volume of speculation in marks by Englishmen it is convenient to look AND FOREIGN EXCHANGE 203 at the matter through the eyes of an English speculator.
What to read after Reparations, Trade And Foreign Exchange?
You can find similar books in the "Read Also" column, or choose other free books by Angas, Lawrence Lee Bazley to read onlineMoreLess
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