THE VOLUME OF TRADE AND THE VOLUME OF MONEY AND CREDIT
Interdependence of trade, and money (and credit);
increasing trade causes increase of money and credit 279-281
Quantity theory doctrine: Fisher _vs._ Laughlin 281-282
Quantity theory has no explanation of elastic bank credit:
"Currency Theory" of deposits 282-285
Loans and deposits 285-288
Bills of exchange 288-290
Summary of quantity theory doctrine 290-291