Word: money
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Dates: during 1930-1939
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High war prices, caused by money being a lot more plentiful than goods, are already beginning to worry Great Britain. Economist Keynes's plan had a particular appeal as a price-keeper-downer since it would lock up money that would otherwise be spent. To keep down the price of consumer goods, to temper the war inflation for those who do not enjoy its upward effect on wages and speculative profits, Mr. Keynes proposed a double levy on all incomes, one part to consist of tax, the other of low-interest (2½%) loan to the Government...
...been seized by the Allies. Only bright spots on The Netherlands' horizon were that: 1) although the Germans considered invading the country, they eventually decided against it, partly because the Dutch had effectively remodeled their land defenses, partly because Germany, already at the Belgian Channel ports, had money and used it to buy supplies in neutral Holland; 2) The Dutch East Indies, selling to the Allies, cleaned...
...Mendelssohn & Co. (now defunct), whose proprietors will turn a guilder almost anywhere they can find one. They are still sorry that Spain's Dictator Franco turned down their offer to bank him last spring. After Adolf Hitler came to power, Amsterdam became a concentration camp for refugee money. The city's grain market is one of the biggest in Europe; its stock-market is a sensitive, if not completely reliable, seismograph of world conditions...
...kronor, whereas for the similar period last year Sweden's surplus of imports over exports was only a mildly depressing 140,000,000. Since War II broke, Dr. Wigforss revealed, Sweden has lost roughly 300,000,000 kronor of foreign exchange, due partly to "hot money" withdrawals by investors who are afraid the Soviet Union will yet muscle into Scandinavia as it has into the Baltic States...
...have said before the war came that if, as she understood, the effect of a war would be to destroy half of London, including its slums, and scatter its population over the country, it might not be a wholly bad thing. . . . God is ... putting to us a searching question. Money can be found in any quantities to discharge shells gratis to the enemy; shall we again be fobbed off with the plea of poverty when the more modest demands of social decency again become clamant...