Students of money, banking, and finance will find this volume filled with solid information and marked by penetrating insight and illuminating interpretation. It is an interpretative and judicially critical record for both countries of the main transformations effected by the war in the field under discussion.
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Benjamin Anderson
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Benjamin Anderson was a trained economist and an accomplished journalist.
The text of a speech given by University of California at Los Angeles professor of economics Benjamin M. Anderson on May 11, 1943, which deals with the subject of foreign exchange stabilization.
Delivered before the Chamber of Commerce of the State of New York, New York City, February 3, 1944.
The present glut in the money markets, with excessively cheap money and its attendant evils and dangers to the credit structure of the country, is due to the concurrence of three main causes.
