Nicholas Kaldor pp Cite as. At the same time I noted that translated into dollars, or other stable currencies, the prices of things, despite their constant revision, were extraordinarily low. There was a yawning and widening gap between the prices of goods in terms of local currency and their prices in foreign currency, which were very much lower. These extraordinary phenomena aroused all my curiosity. Kaldor a, p.
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The Scourge of Monetarism