1.3. rezultāts no 32.
The redemption system , besides making currency inflation impossible , results also in what is commonly - called elasticity , by which is meant capacity to expand and contract in automatic response to the country's need of currency ...
LARGE USE OF DEPOSIT CURRENCY . It is sometimes assumed that a free and large use of bank notes tends to discourage the use of the check book and the growth of bank deposits . On the continent of Europe , for instance , where the notes ...
The reason why Canada has never suffered from a currency panic lies on the surface . The banks always have cash enough to meet the demands of their depositors . Instead of being in the position of their brethren across the border ...
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