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RESTRICTED BUYING ABILITY

While exchange restrictions and tnriff barriers —even when low—are both trade obstacles which restrict buying and selling activities, remarks the New Zealand Drapers' trade journal, tho fact cannot be lost sight of that, internal conditions are tho dominant

factors which determine trading turn-

over, and these are still such that re- '■■ covory remains tardy. The purchasing power'of the wage and salary earners is still well below normal, whilo that of. tlic unemployed on relief or siis- ■ tcnnnc.c has now reached the bedrock of Ihc bare minimum. Those more fortunate ones whosu buying ability has been but littlo affected »re not spending with the same freedom and confi- : donee as formerly, and the need for

putting more money into circulation ;ind keeping it circulating is now mine imperative than oven,

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19340808.2.108

Bibliographic details

Evening Post, Volume CXVIII, Issue 33, 8 August 1934, Page 11

Word Count
132

RESTRICTED BUYING ABILITY Evening Post, Volume CXVIII, Issue 33, 8 August 1934, Page 11

RESTRICTED BUYING ABILITY Evening Post, Volume CXVIII, Issue 33, 8 August 1934, Page 11