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ÄÉÀνºÀÇ ÈÆóÅëÈ °³Çõ¹ý¾È . The Book of A Tract on Monetary Reform, by John Maynard Keynes
CONTENTS
PAGE
PREFACE v
CHAPTER I
THE CONSEQUENCES TO SOCIETY OF CHANGES IN THE VALUE OF MONEY 1
I. As Affecting Distribution 5
1. The Investor 5
2. The Business Man 18
3. The Earner 27
II. As Affecting Production 32
CHAPTER II
PUBLIC FINANCE AND CHANGES IN THE VALUE OF MONEY 41
1. Inflation as a Method of Taxation 41
2. Currency Depreciation versus Capital Levy 63
CHAPTER III
THE THEORY OF MONEY AND THE EXCHANGES 74
1. The Quantity Theory re- stated 74
2. The Theory of Purchasing Power Parity 87
3. The Seasonal Fluctuation of the Exchanges 106
4. The Forward Market in Exchanges 115 viii
CHAPTER IV
ALTERNATIVE AIMS IN MONETARY POLICY 140
1. Devaluation versus Deflation 142
2. Stability of Prices versus Stability of Exchange 154
3. The Restoration of a Gold Standard 163
CHAPTER V
POSITIVE SUGGESTIONS FOR THE FUTURE REGULATION OF MONEY 177
1. Great Britain 178
2. The United States 197
3. Other Countries 204
INDEX 207