Part II. Theory
PART II
THEORY
IV. Price and Exchange Rate Theory and the Facts in Germany
CHAPTER IV
PRICE AND EXCHANGE RATE THEORY AND THE FACTS IN GERMANY
§ ORTHODOX DOCTRINE
THE orthodox theory of the relation between changes in the volume of circulating medium, the general price level, and rates of exchange in a country on an inconvertible paper monetary standard may be stated in two propositions as follows :
V. Price and Exchange Rate Theory and the Facts in Germany (continued)
CHAPTER V
PRICE AND EXCHANGE RATE THEORY AND THE FACTS IN GERMANY (CONTINUED)
ANALYSIS OF FOREIGN EXCHANGE MARKETS
§ UNITY OF THE MARKET
Part III. Course of Inflation Statistically Measured
PART III
COURSE OF INFLATION STATISTICALLY MEASURED
VI. Price and Exchange Rate Theory and the Facts in Germany (concluded)
CHAPTER VI
PRICE AND EXCHANGE RATE THEORY AND THE FACTS IN GERMANY (CONCLUDED)
SEQUENCE OF CHANGES IN THE VOLUME OF CIRCULATING MEDIUM AND IN THE DOMESTIC AND FOREIGN VALUE OF THE MARK
§ CHRONOLOGICAL SEQUENCE AND CAUSAL RELATIONSHIP
VII. Price Relationships under the Influence of Inflation
CHAPTER VII
PRICE RELATIONSHIPS UNDER THE INFLUENCE OF INFLATION
§ TYPES OF PRICE SPREADS
VIII. Price Movements and Foreign Trade
CHAPTER VIII
PRICE MOVEMENTS AND FOREIGN TRADE
§ STIMULUS TO EXPORTS AND RETARDATION OF IMPORTS
Part IV. Effects of Inflation on the German Economy
PART IV
EFFECTS OF INFLATION ON THE GERMAN ECONOMY
IX. General Effects of Inflation on National Income
CHAPTER IX
GENERAL EFFECTS OF INFLATION ON NATIONAL INCOME
§ DISTORTION OF REAL VALUES
X. Gains from the Sale of Money Abroad
CHAPTER X
GAINS FROM THE SALE OF MONEY ABROAD
I—SALES OF SPECIE
§ PRE-WAR STOCK OF SPECIE AND ITS DISPOSITION
