ABSTRACT
It has been shown that, for 75 years before the war, the monetary stocks of gold divided by the production of other commodities equaled prices and that there was no tendency for a given weight of gold to support either a higher or lower price level than the average for 75 years before the war. There are short-time fluctuations of prices away from the normal relationship (figure 3, page 90). To what are these variations due?
