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History, 06.04.2021 20:30 gissellesolorza

What is the cycle that Marshall is referring to and why is it vicious? "The remedy lies in breaking the vicious cycle and restoring the confidence of the European people in the economic future of their own countries and of Europe as a whole. The manufacturer and the farmer throughout wide areas must be able and willing to exchange their products for currencies the continuing value of which is not open to question."

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What is the cycle that Marshall is referring to and why is it vicious? "The remedy lies in breaking...
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