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consider how our American Allies are showing in this matter of war
finance
Since we are indulging in these comparisons, it may be interesting to
consider how our American Allies are showing in this matter of war
finance. The _Times_, in its ‘City Notes’ of April 15th, observed, in
connection with the unexpectedly small amount of the third Liberty
Loan, that […]

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that the value or buying power of money varies according to its
quantity in relation to that of the goods that it buys–chiefly as a
stick wherewith to beat the Gold Standard
Mr Kitson, however, uses the ‘Quantity Theory of Money’–the doctrine
that the value or buying power of money varies according to its
quantity in relation to that of […]