This reissued investment classic by financial guru Benjamin Graham
expounds on the theories presented in the author's previous
masterpiece, "Storage and Stability," offering a more global focus
on the subject of stockpiling raw materials as a means of achieving
expansion and stability in a postwar economy. Graham maintains that
stabilization of commodities offers a comparatively simple
technique by which the world could achieve the fourfold objective
of foreign-exchange stability, reasonable price stability,
protective stockpiles, and--most importantly--a balanced expansion
of the world's output and consumption of useful goods.
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