United States gold purchase program

its failure and an alternative proposal by Bronson Trevor

Publisher: The National Republic in Washington, D.C

Written in English
Published: Pages: 31 Downloads: 689
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Places:

  • United States.

Subjects:

  • Currency question -- United States.,
  • Gold.

Edition Notes

Statementby Bronson Trevor.
Classifications
LC ClassificationsHG295.U6 T7
The Physical Object
Pagination31 p.
Number of Pages31
ID Numbers
Open LibraryOL6416795M
LC Control Number41007990
OCLC/WorldCa4684942

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The theory of the Gold Purchase Plan, apparently, was to bring about an increase in the domestic commodity price level by raising the price of gold. In this respect it was a failure. BIBLIOGRAPHY.

Friedman, Milton, and Anna Jacobson Schwartz. A Monetary History of the United States, – Princeton, N.J.: Princeton University Press. Borrows the money needed to operate the Federal Government, accounts for the resulting public debt, and issues Treasury securities (Savings Bonds and Treasury Bills) to .Rationing was not only one of those ways, but it was a way Americans contributed to the war effort.

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