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Theory of Money and Credit, The

CHAPTER V MONEY, CREDIT, AND INTEREST On the Nature of the Problem It
is the object of this chapter to investigate the connexion between the amount of
money in circulation and the level of the rate of interest. It has already been
shown that variations in the proportion between the quantity of money and the
demand for money influence the level of the exchange-ratio between money and
other economic goods. It now remains for us to investigate whether the variations
thus ...