ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Germany s Liberal Vacuum

 After declining for about three months, the price level began to rise towards the end of March and has since been inching up week by week. There can be little doubt that, in thwarting the much-needed break in prices, the indiscriminate expansion of bank credit has played a major role. The prospect from now on is one of a continuous rise in prices for the next six months

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