A Lesson In French Inflation (1959) by Melchior Palyi

By Melchior Palyi

This scarce antiquarian publication is a facsimile reprint of the unique. because of its age, it may well include imperfections comparable to marks, notations, marginalia and mistaken pages. simply because we think this paintings is culturally very important, we now have made it to be had as a part of our dedication for shielding, protecting, and selling the world's literature in cheap, top of the range, sleek variations which are actual to the unique paintings.

Show description

Read or Download A Lesson In French Inflation (1959) PDF

Best literary books

The Lost Summer of Louisa May Alcott

A richly imagined, remarkably written tale of the girl who created Little ladies- and the way love replaced her in methods she by no means anticipated. Deftly blending truth and fiction, Kelly O'Connor McNees returns to the summer season of 1855, while vivacious Louisa may well Alcott is twenty-two and bursting to loose herself from family members and societal constraints and do what she loves such a lot.

Plan de evasion

Recordaba esa primera visita del gobernador como el incidente de un sueño . Cuando Enrique Nevers. en un momento de debilidad. aceptó alejarse de su amada para administrar los angeles cárcel de las islas de l. a. Salvación. estaba lejos de imaginar los terribles acontecimientos que lo tendrían como único testigo.


A urban is hit by way of a deadly disease of "white blindness" which spares nobody. professionals confine the unaware of an empty psychological medical institution, yet there the legal point holds everybody captive, stealing meals rations and raping ladies. there's one eyewitness to this nightmare who courses seven strangers-among them a boy without mom, a woman with darkish glasses, a puppy of tears-through the barren streets, and the procession turns into as uncanny because the atmosphere are harrowing.

Extra resources for A Lesson In French Inflation (1959)

Example text

One could not any longer lease office or shop space anywhere in France without making the rent contingent on the index of wholesale prices or on the price of a specific commodity. In farm leases, money sums were replaced by quantities of wheat, butter, eggs, milk, beef, or chickens. Premiums and reimbursements in automobile insurance were calculated on the basis of metallurgical prices. The (nationalized) life insurance companies could not apply escalators; instead, they put their poliCies on a year-to-year base.

482. 768. -1,053. -1,046. - 600. - 587. d tODD francs) 3,437 42,417 ("Black"market prices varying widely) 807,500 581,000 531,000 576,000 516,000 437,000 426,000 445,000 464,000 551,000 546,000 555,555 • Bank notes, minor coins, sight- and term-deposits - without savings bank deposits. b In gold francs, not including gold coins in circulation. C In gold francs. d Open market price = official price. [57] TABLE End of Perpetual and Long·Term 1815 1830 1850 1870 1900 1913 1,272 4,627 4,886 11,516 29,128 31,452 1919 1920 1921 1922 1923 1924 1928 1938 1952 1953 1954 1955 1956 1957 1958 103 133 148 161 183 193 287 1,349 1,302 1,322 1,746 2,265 2,303 V- FRENCH NATIONAL DEBT Total Short·Term Internal (floating) Debt..

The real value may be a multiple of that amount. 3 Table III in Appendix B contains additional information. [44 ] franc was devalued. Devaluation was necessary, allegedly, in order to give French exporters an initial opportunity in the Common Market because of the fact that their wage rates and social security burdens are higher than in the other five member countries' and because 60 billion francs of export subsidies have been eliminated from the budget. Their burden has been shifted, in effect, from the shoulders of the French taxpayer onto those of France's commercial competitors.

Download PDF sample

Rated 4.72 of 5 – based on 39 votes