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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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