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A New Guide to the Public Funds, or Every Man His Own Stock-Broker (Classic Reprint) - Couverture souple

Author, Unknown

 
9781334348389: A New Guide to the Public Funds, or Every Man His Own Stock-Broker (Classic Reprint)

Synopsis

How government debts became a market force and how you could understand it

From the early money trades of Venice and Genoa to Britain’s funding system around 1690, this book traces how governments borrowed and repaid. It explains how perpetual and limited annuities work and why public funds behave like a circulating capital in times of peace and war.


The text describes how the value of stocks rises and falls with interest, money supply, and political events. It also covers how transfers between stockholders can yield more or less than the original value, and why the market for government debt is kept orderly through planned funds and schedules.



  • What public funds are and how they originated

  • How annuities, interest, and capital interact in the debt system

  • How transfers, market fluctuations, and survivorship schemes affect investors

  • How sinking funds evolved to manage, redeem, and stabilize the national debt


Ideal for readers seeking a clear, historical view of government finance and its impact on markets.


READY TO PUBLISH DESCRIPTION: A concise overview of the origin, structure, and operation of public funds, funding methods, annuities, market dynamics, and the development of sinking funds, suitable for readers interested in financial history and economic basics.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.