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The Department of State Bulletin, Vol. 33: July-December, 1955 (Classic Reprint)

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Excerpt from The Department of State Bulletin, Vol. 33: July-December, 1955 Closely connected with the creation of a stable currency and a sound banking system was the introduction by the Government, which was formed in late 1949, of an economic policy based on private initiative and competition. The taxing system was designed to enable industry to put back into business it Excerpt from The Department of State Bulletin, Vol. 33: July-December, 1955 Closely connected with the creation of a stable currency and a sound banking system was the introduction by the Government, which was formed in late 1949, of an economic policy based on private initiative and competition. The taxing system was designed to enable industry to put back into business its profits. The reconstruction of German industry owes much to this system, for the capital market in Germany is still inadequate and long-term interest rates are very high. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.


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Excerpt from The Department of State Bulletin, Vol. 33: July-December, 1955 Closely connected with the creation of a stable currency and a sound banking system was the introduction by the Government, which was formed in late 1949, of an economic policy based on private initiative and competition. The taxing system was designed to enable industry to put back into business it Excerpt from The Department of State Bulletin, Vol. 33: July-December, 1955 Closely connected with the creation of a stable currency and a sound banking system was the introduction by the Government, which was formed in late 1949, of an economic policy based on private initiative and competition. The taxing system was designed to enable industry to put back into business its profits. The reconstruction of German industry owes much to this system, for the capital market in Germany is still inadequate and long-term interest rates are very high. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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