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Money, Bank Credit, and Economic Cycles - The Ludwig von Mises ...

Money, Bank Credit, and Economic Cycles - The Ludwig von Mises ...

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384 <strong>Money</strong>, <strong>Bank</strong> <strong>Credit</strong>, <strong>and</strong> <strong>Economic</strong> <strong>Cycles</strong>TABLE V-6THE SUPPLY OF AND DEMAND FOR PRESENT GOODS(Following the <strong>Economic</strong> Crisis Caused by <strong>Credit</strong> Expansion Unbacked by Saving)Suppliers of Present Goods Dem<strong>and</strong>ers of Present Goods(Savers) (Suppliers of Future Goods)Capitalists 1st Stage = 106.50 + 10.20 = 116.70 Z 106.50 to Capitalists 2nd Stage + 10.20 to original meansCapitalists 2nd Stage = 80.00 + 13.72 = 93.72 Z 80.00 to Capitalists 3rd Stage + 13.72 to original meansCapitalists 3rd Stage = 53.25 + 17.15 = 70.40 Z 53.25 to Capitalists 4th Stage + 17.15 to original meansCapitalists 4th Stage = 26.50 + 20.36 = 46.86 Z 26.50 to Capitalists 5th Stage + 20.36 to original meansCapitalists 5th Stage = 0 + 23.32 = 23.32 Z 23.32 to original means______ _____266.25 84.75________________________Total Supply of Present Goods = 351.00 m.u. = SAVING AND INVESTMENT = 351.00 m.u.(GROSS) Total Dem<strong>and</strong>For Present GoodsGross Income for the Year = 483.7 (identical to that of Table V-5)132.7 m.u. of final consumption + 351 m.u. of supply of <strong>and</strong> dem<strong>and</strong> for present goods(gross saving <strong>and</strong> investment = 483.7 m.u.)

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