Mon 2010-08-23 11:03 EDT

A Program for Monetary Reform, the 1939 Document | Economic Stability

Paul H. Douglas, Irving Fisher, et. al

[pdf download] ...Our own monetary policy should likewise be directed toward avoiding inflation as well as deflation, and in attaining and maintaining as nearly as possible full production and employment. ...[100% Reserve System] Since the fractional reserve system hampers effective control by the Monetary Authority over the volume of our circulating medium it is desirable that any bank or other agency holding deposits subject to check (demand deposits) be required to keep on hand a dollar of reserve for every dollar of such deposit, so that, in effect, deposits subject to check actually represent money held by the bank in trust for the depositor.

1939 document; Economic stability; Monetary Reform; program.

Tue 2009-04-21 00:00 EDT

Option ARMageddon >> Blog Archive >> Panics and Booms, a lesson from 1897

L. M. Holt anticipates Irving Fisher on debt deflation theory of depressions

1897; blogs Archive; boom; Lessons; Options Armageddon; panic.

Tue 2009-02-24 00:00 EST

naked capitalism: Irving Fisher's Debt Deflation Theory and Its Relevance Today

Irving Fisher's Debt Deflation Theory; naked capitalism; relevant.

Mon 2008-08-04 00:00 EDT

London Banker: Fisher's Debt-Deflation Theory of Great Depressions and a possible revision

download Debt-Deflation Theory of Great Depressions (1933), by Irving Fisher

Fisher s Debt Deflation Theory; Great Depression; London Banker; possibly revising.