Excerpt from Letters to the Editor of "the Times" Journal, on the Affairs and Conduct of the Bank of England: The Introduction of British Silver Money Into the Colonies; And Generally, on the Currency of the United Kingdom, Both Paper and Metallic; With Notes, and an Appendix
I have been young, and now am old; yet did I never see an English Guinea, or a Spanish Dollar protested for non-payment. Moses ezechiels.
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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Paperback. Etat : New. Print on Demand. This book by Daniel Hardcastle exposes the flaws in the Bank of England's financial practices and the wider British banking system of the 1820s, particularly highlighting the inflation engendered through excessive paper currency issuance and government borrowing. The author argues that excessive paper issuance raised prices disproportionately to wage growth and presents a proposal for reform based upon a reduction in paper issuance and government borrowing. In the process he critiques several of the arguments made in favour of the prevailing financial system. The author additionally makes a case for the importance of gold and silver specie in a stable economy. Hardcastle's closely argued and well-evidenced book continues to resonate due to its insightful analysis of the causes of runaway inflation and how governments and central banks can best control the money supply to promote economic stability. 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 9781333209049_0
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Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781333209049
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781333209049
Quantité disponible : 15 disponible(s)