The man in the street still has the freedom to decide when to spend and when to save, when to squander and when to hoard, and no one — not even the economists with their countless theories — can say for certain what decision the man in the street will take. If people in Britain get the spending urge, the country goes into a boom period; if people decide to hang on to their money, the country goes into a slump. Boom, slump, boom, slump, the rhythm has gone on through the centuries and, until recently, no one has thought that much could be done about it.
KeywordsForeign Exchange Foreign Currency Home Market Foreign Banker Bank Deposit
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