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Societies for the History of Economics

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Subject:
From:
Mason Gaffney <[log in to unmask]>
Reply To:
Societies for the History of Economics <[log in to unmask]>
Date:
Sat, 28 Mar 2009 11:02:32 -0400
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text/plain
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Re Roger's endorsing Currie's point about the benefits of abolishing the
"real bills doctrine", I've a request for Roger.  We've discussed this
before, but perhaps left it hanging. Please define the "real-bills
doctrine", as you and Currie use the term. More specifically, is it the same
thing as a quality control keeping banks out of real estate?

Thanks,

Mason Gaffney

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