Chapter XXIV: Credit—Bank Assets and Bank Reserves

CHAPTER XXIV CREDIT—BANK ASSETS AND BANK RESERVES

IN traditional discussions of banking, the impression is given that commercial paper is the normal and dominant type of banking assets.1 To one accustomed to this view, the figures of the Comptroller of the Currency for banking investments in the United States for 22,491 banks of all kinds (State, national,

Part IV. The Reconciliation of Statics and Dynamics

PART IV. THE RECONCILIATION OF STATICS AND DYNAMICS

Chapter XXV: The Reconciliation of Statics and Dynamics

CHAPTER XXV THE RECONCILIATION OF STATICS AND DYNAMICS

IN the foregoing discussion of the value of money it has appeared that the value of money is not an isolated problem!

Index

INDEX

A

Aborn, W. H., 252, n.

Absolute vs. relative conceptions of value. See VALUE, ABSOLUTE vs. RELATIVE.

Abstinence, 67ff., 484–85. See COST OF PRODUCTION, INTEREST.

Abstraction, legitimate and illegitimate, 189–90, 553–54.

Acceptance house, 497, 542.

Acquisition vs. production, 482.

Adams, Brooks, 219.

Adams, T. S., 13.

“Adaptation,” 573, n.

Advertising, 257–58, 367, 565.

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