 | United States. Congress. Senate. Committee on Banking and Currency - 1947 - 256 pages
...Employment is at very high levels with acute shortages in many fields and with a minimum of unemployment. The source of the present inflation is war financing...in preparation for and prosecution of global war. During the 6-year period, June 30, 1940, through June. 30, 1946, the Government raised about $398,000,000,000,... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1947 - 264 pages
...Employment is at very high levels with acute shortages in many fields and with a minimum of unemployment. The source of the present inflation is war financing...in preparation for and prosecution of global war. During the 6-year period, June 30, 1940, through June 30, 1946, the Government raised about $398,000,000,000,... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1948 - 560 pages
...power, out of relation to gains in the production of goods. The Chairman of the Board of Governers of the Federal Reserve System, in his recent statement...enable the banks to purchase Government securities. The demands for goods resulting from the wide distribution of the excessive supply of money has been felt... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1948 - 1080 pages
...power, out of relation to gains in the production of goods. The Chairman of the Board of Governers of the Federal Reserve System, in his recent statement...enable the banks to purchase Government securities. The demands for goods resulting from the wide distribution of the excessive supply of money has been felt... | |
 | United States. Congress. Economic Joint Committee - 1948 - 658 pages
...Employment is at very high levels with acute shortages in many fields and with a minimum of unemployment. The source of the present inflation is war financing,...in preparation for and prosecution of global war. f During the 6-year period, June 30, 1940, through June 30, 1946, fee Government raised about $398,000,000,000,... | |
 | United States. Congress. Joint Economic Committee - 1948 - 666 pages
...Employment is at very high levels with acute shortages in many fields and with a minimum of unemployment. The source of the present inflation is war financing,...in preparation for and prosecution of global war. During the 6-year period, June 30, 1940, through June 30, 1946, the Government raised about $398,000,000,000,... | |
 | United States. Congress. Economic Joint Committee - 1948 - 176 pages
...held in 1940. This amount of cash or cash equivalent was in large part inherited from the financing of the enormous Federal deficits incurred in preparation for and prosecution of global war. Not only did we have this huge volume of cash or cash equivalent already available last November, but... | |
 | 1948 - 1048 pages
...power, out of relation to gains in the production of goods. The Chairman of the Hoard of Govcrners of the Federal Reserve System, in his recent statement...enable the banks to purchase Government securities. Tte demands for goods resulting from the wide distribution of the excessive supply of money has been... | |
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The source of the present inflation is war financing and the enormous Federal deficits incurred in preparation for and prosecution of global war." He also pointed out that the swollen money supply was created by the maintenance of easy money conditions... 