An Inquiry Into the Currency Principle: The Connection of the Currency With Prices, and the Expediency of a Separation of Issue From Banking (Classic Reprint) - Couverture souple
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An Inquiry Into the Currency Principle (Classic Reprint)
impression à la demandeVendeur : Forgotten Books, London, Royaume-Uni
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Paperback. Etat : New. Print on Demand. This book delves into a historical debate surrounding monetary policy and the role of banks in regulating the currency. The author challenges the then-prevailing "currency principle," which advocated for a direct link between the amount of paper money in circulation and the amount of gold reserves. Instead, the author argues for a more nuanced understanding of how different forms of paper credit, such as cheques and bills of exchange, function alongside bank notes in facilitating economic transactions. Set against the backdrop of 19th-century Britain's evolving financial system, the book explores the intricacies of a mixed currency system. The author contends that the currency principle's focus on bank notes is misguided, as it overlooks the broader landscape of credit instruments that influence prices, trade, and confidence. By dissecting the mechanisms of a metallic currency and contrasting them with the realities of a credit-based economy, the author sheds light on the complexities of monetary management. Through meticulous analysis and insightful observations, this book offers a thought-provoking perspective on the historical evolution of monetary theory. The author's insights remain relevant, prompting us to consider the multifaceted nature of money and the challenges of maintaining economic stability in a world driven by credit and confidence. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781330550656_0
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An Inquiry Into the Currency Principle
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330550656
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Expédition nationale : Etats-Unis
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An Inquiry Into the Currency Principle
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
Évaluation du vendeur 5 sur 5 étoiles
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330550656
Acheter neuf
EUR 25,94
Expédition à EUR 4,82
Expédition depuis Royaume-Uni vers Etats-Unis
Expédition depuis Royaume-Uni vers Etats-Unis
Quantité disponible : 15 disponible(s)