Liquidity
By Melchior Palyi.
With an Introduction by Antal E. Fekete. Liquidity was first published by the Minnesota Bankers Association in 1936. The appendix, “Illiquid Central Bank: Graveyard of the Currency” appeared as “Asset Liquidity — A Restatement” in Dr. Palyi’s Bulletin #366, August 11, 1958. Extraido de…