Bernanke, Ben, and Harold James, The Gold Standard, Deflation, and Financial Crisis in the Great Depression: An International Comparison, in R. Glenn Hubbard, Financial Markets and Financial Crises, Chicago: University of Chicago Press for NBER, 1991.
Definition of PHENOLIC RESIN. : any of various usually thermosetting resins of high mechanical strength and electrical resistance that are made by condensation of a phenol with an aldehyde (as formaldehyde), are characterized generally by resistance to water, acids, and organic solvents, and are used especially in molded, cast, or laminated ....efinition of PHENOLIC RESIN. : any of various usually thermosetting resins of high mechanical strength and electrical resistance that are made by condensation of a phenol with an aldehyde (as formaldehyde), are characterized generally by resistance to water, acids, and organic solvents, and are used especially in molded, cast, or laminated ....
Like other phenolic resin / cellulose compound material it is a dense material made from partially recycled paper and phenolic resin. The paper is soaked in phenolic resin, then molded and baked into net shape in a heated form or press.