Monetary and Industrial Fallacies (Classic Reprint): A Dialogue - Couverture souple

John Badlam Howe

9781332224791: Monetary and Industrial Fallacies (Classic Reprint): A Dialogue

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ISBN 10 : 1332224792 ISBN 13 : 9781332224791

Editeur : Forgotten Books, 2018

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Money as a convention—and why that matters to production and crises
This book presents a practical look at how currency and banking shape everyday commerce, wages, and profits. It argues that money is a conventional system that workers and lenders must understand to avoid cycles of boom and bust.

In a clear dialogue, the author explains how deposits exceed reserve, how bank loans influence production, and why a steady monetary framework matters for the health of labor and industry. The discussions connect the behavior of banks to real-world outcomes, from wages to price levels, and suggest practical paths toward harmony in production.

Money is shown as a conventional unit used in exchanges, not a fixed treasure or abstract theory.

How deposits beyond reserve arise from credit and how they are retired in cash markets.

Why regulated bank reserves and deposit banking can stimulate stable production.

The idea that harmony of production, not abstract doctrines, guides a sound monetary system.

Ideal for readers of economic history, monetary theory, and readers seeking a pragmatic view of how money and banks affect daily commerce.

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�diteur: Forgotten Books
Date d'�dition: 2018
Langue: anglais
ISBN 10: 1332224792
ISBN 13: 9781332224791
Reliure: Broch�
Nombre de pages: 252
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Monetary and Industrial Fallacies: A Dialogue (Classic Reprint)

John Badlam Howe

Edit� par Forgotten Books, 2018

ISBN 10 : 1332224792 ISBN 13 : 9781332224791

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Vendeur : Forgotten Books, London, Royaume-Uni

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Paperback. Etat : New. Print on Demand. This book, an extension of the author's writings on money, delves into the relationship between money and national economic output through the lens of monetary theory. It aims to provide a practical approach to understanding the complex interactions between currency, banking systems, and industrial production. The author challenges traditional views on money as a commodity with intrinsic value, arguing instead that it serves primarily as a conventional and credit-based method of exchange and distribution. At its core, the book explores how economies can achieve sustained growth and avoid recurring crises by regulating the supply of money. It advocates for a banking system that ties the issuance of credit and currency to the actual production of goods and services, rather than relying on the uncertain availability of gold and silver. The author contends that by aligning the supply of money with the needs of the real economy, it is possible to stabilize prices, prevent speculation, and foster long-term prosperity. This book offers a fresh perspective on monetary theory, emphasizing the importance of credit and the relationship between money and production. Its insights into the causes and potential solutions to economic crises make it a valuable resource for economists, policymakers, and anyone seeking a deeper understanding of the role of money in society. 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 r�f. du vendeur 9781332224791_0

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