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And as no more was to be issued, the rise or fall of prices could neither increase nor diminish the quantity.
The liquidation of debt could not keep up with the fall of prices which it caused.
Nonetheless, the fall of prices in Tokyo has reinforced the feeling that radical changes are taking place in the world's financial structure.
Rising stock prices would not have alarmed the Fed, which is clearly concerned about the effect of the fall of prices on consumer confidence.
However, to Keynes, people will resist nominal wage reductions, even without unions, until they see other wages falling and a general fall of prices.
Index arbitrage, however, has been blamed for increasing market volatility and accelerating the rise and fall of prices.
Despite the fall of prices nationwide, the cost of buying a home in some parts of the country can still be beyond reach for a young, working couple.
One of the biggest worries in Asia, however, is deflation - the further falling of prices on everything from stocks to socks, from paper to property.
The rapid fall of prices for agricultural goods, the shortage of hard currency, and the general economic depression following the Revolutionary War produced disastrous conditions for colonists.
Within a few months the result of this new competition was an abrupt fall of prices in the trade, which was serious for the largest firms and disastrous for the smaller ones.
In addition, he says that studying the erratic but rhythmic rising and falling of prices over time - in other words, acting more like a historian than an economist - reinforces this conclusion.
The plan had been launched by industry ministers from the 12 EU countries in February 1993 to put the industry, which has been hard hit by a fall of prices, on a competitive footing.
This new driver of forest loss suggests that the rise and fall of prices for other crops, beef, and timber may also have a significant impact on future land use in the region, according to the study.
Before the committee of 1832 Tooke stated that, according to his experience, a rise or fall of prices had invariably preceded, and could not therefore be caused by, an enlargement or contraction of the circulation.
But with the fall of prices in the Treasury market recently, many scheduled issues that are refinancings of existing debt have been held off, leaving traders and investors unsure about the flow of supply into the market.
It is due essentially to new practices in international negotiations and wholesale distribution, which uses imports from third countries to impose an artificial imbalance between supply and demand and thus to provoke the fall of prices at producer level, a slump in sales, and destruction.
In 1817 he published Observations on the Present State of Landed Property, and on the Prospects of the Landholder and the Farmer, in which was discussed the agricultural embarrassment caused by the sudden fall of prices on the cessation of the war.
Their assignment was to track their stocks through the semester and to record in their journals not only the rise or fall of prices and fluctuating rates of return, but to write about as well as some of the political and economic forces affecting the market value of those stocks.
It was still that glorious war-time which was felt to be a peculiar favour of Providence towards the landed interest, and the fall of prices had not yet come to carry the race of small squires and yeomen down that road to ruin for which extravagant habits and bad husbandry were plentifully anointing their wheels.