Discussion on Professor Machlup's Paper [The Eurodollar System and Its Control, by Fritz Machlup, pp. 3-36]
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Excerpt from International Monetary Problems, ed. Fritz Machlup, Armin Gutowski, and Friedrich A. Lutz. Proceedings and papers of a conference sponsored by the American Enterprise Institute for Public Policy Research. © American Enterprise Institute for Public Policy Research. Reproduced with permission.