Trade Fallacies a Criticism of Existing Methods And Suggestions for a Reform T
Trade Fallacies a Criticism of Existing Methods And Suggestions for a Reform T
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In our eReader you can find the full English version of the book. Read Trade Fallacies a Criticism of Existing Methods And Suggestions for a Reform T Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Trade Fallacies a Criticism of Existing Methods And Suggestions for a Reform T
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He may al- ready have had to sell all his investments abroad. He may have to part with all his gold. But, I repeat what I have said in a previous article, so long as our enemy's industrial and productive activities re- main unimpaired, so long as he is permitted to exchange his products in sufficient quantities for such material and goods which he cannot produce and which are necessary for his food and manufactures, he cannot be economically destroyed, even if the mark should lose 90 per cent, ...of its former value ! A nation can exist without gold a metal which, except for use in certain arts such as jewellery and dentistry, is probably the most useless and most readily dispensable we have.
Let us give the Devil his due. Let us reverse the conditions. Supposing Ger- many had destroyed our Navy and block- aded our coasts, where would our precious banking system be to-day ? Where would our pound sterling be ? Does any one imagine that our banking system would 100 WAR AND THE BANKERS have stood the strain that Germany's has without crumpling up ?
What to read after Trade Fallacies a Criticism of Existing Methods And Suggestions for a Reform T?
You can find similar books in the "Read Also" column, or choose other free books by Kitson Arthur to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
He may al- ready have had to sell all his investments abroad. He may have to part with all his gold. But, I repeat what I have said in a previous article, so long as our enemy's industrial and productive activities re- main unimpaired, so long as he is permitted to exchange his products in sufficient quantities for such material and goods which he cannot produce and which are necessary for his food and manufactures, he cannot be economically destroyed, even if the mark should lose 90 per cent, ...of its former value ! A nation can exist without gold a metal which, except for use in certain arts such as jewellery and dentistry, is probably the most useless and most readily dispensable we have.
Let us give the Devil his due. Let us reverse the conditions. Supposing Ger- many had destroyed our Navy and block- aded our coasts, where would our precious banking system be to-day ? Where would our pound sterling be ? Does any one imagine that our banking system would 100 WAR AND THE BANKERS have stood the strain that Germany's has without crumpling up ?
What to read after Trade Fallacies a Criticism of Existing Methods And Suggestions for a Reform T?
You can find similar books in the "Read Also" column, or choose other free books by Kitson Arthur to read onlineMoreLess
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