The Business Situation

Item sets: The Sphex Club Papers; Jones Memorial Library Manuscripts Collection

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Identifier: JML.MS1133.Thomas.1920.12.03
Barcode: JML.MS1133.Thomas.1920.12.03
Title: The Business Situation
Description: Text of a lecture to the Sphex Club in Lynchburg. A.F. Thomas's address to the Sphex Club discusses the evolution and challenges of credit systems in promoting civilization. He analyzes the cyclical nature of economic panics, attributing them to imbalances in credit and product values, leading to inflation and deflation. He criticizes the inadequacies of the credit system, particularly post-World War I, highlighting the moral and economic consequences of inflation and deflation on creditors and debtors.
Date: 3 December 1920
Creator: Thomas, Alsen Franklin
topic: SPHEX Club - lectures; Thomas, Alsen Franklin; Economics -- history; Federal Reserve -- history
Location: Lynchburg, Virginia
Digital Format: pdf
Language: English
Publisher: George M. Jones Library Association
Repository: George M. Jones Library Association
Rights: https://creativecommons.org/licenses/by-nc-nd/4.0/; George M. Jones Library Association
Rights Holder: Thomas, Alsen Franklin; George M. Jones Library Association