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The Passing of the Gold Reserve: A Study in National Finance and Currency - Couverture souple

Koehler, George

 
9781104319892: The Passing of the Gold Reserve: A Study in National Finance and Currency

Synopsis

""The Passing of the Gold Reserve: A Study in National Finance and Currency"" is a book written by George Koehler in 1920. The book is a comprehensive analysis of the financial and economic situation of the United States during the early 20th century. It explores the role of gold reserves in the country's monetary system and how it affected the nation's economic stability.The author delves into the history of the gold standard and how it was implemented in the United States. He also provides a detailed analysis of the country's financial policies and their impact on the economy. Koehler argues that the gold standard was no longer a viable option for the country and that a new monetary system was needed.The book also discusses the role of currency in the country's economy and how it was affected by the gold standard. Koehler examines the various proposals for a new monetary system and provides his own recommendations for reform.Overall, ""The Passing of the Gold Reserve"" is a valuable resource for anyone interested in the history of American finance and economics. It provides a detailed analysis of the country's monetary system during a time of great change and offers insights into the challenges faced by policymakers in the early 20th century.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.

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Présentation de l'éditeur

World War. The demobiliati nof the armies engaged in that conflict has been practically completed and a general resumption of the civil and industrial activities of peace should be close at hand. In our own country, the United States of North -a, we find that rapid strides are made in that direction; but that the high prices of war-time are still with us and that a gradual betterment of those conditions is hoped for. As to European countries the situation does not appear quite so promising. Having suffered considerably financially, th.-i rresources and credit are greatly exhausted and their progress towards financial and industrial recuperation is correspondingly impaired. Thus we learn from the daily Press that there is a great demoralization of the foreign exchanges; that the British Pound Sterling has been quoted at $3.25 or less at New York, as against its par value of $4.86; that the French franc has been quoted at $.10 as against its par value of $.193; that the German mark has been quoted at $.01 as against a prewar value of $.238 and that the foreign exchanges of other countries are likewise greatly depressed.
(Typographical errors above are due to OCR software and don't occur in the book.)

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