Vicious Crisis

1 mentions.

1934

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1934

one mention

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As a result he may get the creation of a boom—a boom in profits, not in the prosperity of the workers of the country—and as a result of that boom he may drive money into fresh capital goods, which will create a certain amount of employment and will produce more consumption goods, and then he will again start working up to the Vicious Crisis which the right hon. Member for Tamworth foresees, when he will get the flood of consumption goods again on the market, when prices will fall and he will be back again where he started.


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