Functions and Needs of Our Great Markets (Classic Reprint)

Functions and Needs of Our Great Markets (Classic Reprint)

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Excerpt from Functions and Needs of Our Great Markets The other school asserts that too much fluidity and acceleration to business leads to frenzied finance, monetary panics, and business depression; that it destroys business confidence; and that it tends to center wealth in the hands of the few. This school calls attention to the fact that markets for sugar and some other products get on without dealings in options and futures, and that the efficiency of restrictive legislation has been demonstrated in southern states. They urge that bucket-shop dealing and the other forms of dealing in options and futures on a small scale are made possible by the large exchanges, where different classes of trade center. They assert also that those manufacturers, as a class, who do not hedge are more successful than those who do. And they give emphasis to the fact that these market organizations serve much the same purpose as did the Louisiana lottery, tempting weak men to their own ruin. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at 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 more

Product details

  • Paperback | 30 pages
  • 152 x 229 x 2mm | 54g
  • Forgotten Books
  • United States
  • English
  • , black & white illustrations
  • 0243091478
  • 9780243091478