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Transformations of a working capital into the basic visibility temporarily accompaniesEconomic well-being... Manufacture of the goods intended for
Daily consumption, it will appear below a consumption level, and the price for them
Will continue to grow... The Final analysis of wrong moving turnaround
The Country capital there will be its considerable shortage which will be shown in the high
To the percent rate. "(In the same place, with. 127 - 128).]
The income for core and working capital compensation, and also as all these
Factors are connected with the sizes of the fund serving for a payment. Wilson believed,
That the basic of the capital is never compensated directly from society incomes.
Especially surprisingly, what exactly the bank school of the first has supported idea about
The volume that the reason of boom and depressions is core overproduction
The capital. [Talking about development of railways and transformation in this connection
Working capital basically, Wilson says that "the first result of it Process there is a shortage of the spare capital with corresponding growth
The interest rate; then there will come deficiency of the goods for consumption, in
Result of that demand for them will increase, and the capital, instead of
To move to other sphere, will receive still the big stimulus to remain in old."
Refusal of building should become an inevitable conclusion from the aforesaid
The railway system lion's share (in the same place, with. 18).] the Similar point of view
The Price (Bonamy Price) adhered also Checks. We still will return to this theory,
When we will discuss the contribution to discussion which has been made by Hornom (Notes) in
France. Anyway, the bank school, of course, did not consider the basic The reason inflation: possibility to draw such conclusion was in many years
It is given the representative of monetary school [namely - Gejeru, see it. IX].
After Wilson within more than ten years a question on freedom of the bank Business in England did not rise any more; in continental Europe it only Started to gather the force. Therefore we will address now to France.
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