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.
Ideal for readers seeking a clear, historical view of government finance and its impact on markets.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book offers a comprehensive overview of the history and significance of the British public funds, also known as National Debt. The author delves deeply into the origins of these funds, exploring their establishment in the late 17th century and their subsequent growth and fluctuations over time. At the book's core is a detailed examination of the various stocks and annuities that comprise the National Debt, providing insights into their complex mechanisms and relationships. Additionally, the book discusses the broader context of the funding system, examining its impact on the British economy and its role in shaping the country's financial landscape. Through a meticulous analysis of data and historical events, the book sheds light on the dynamics of public finance in Britain, offering valuable insights for understanding the intricacies of national debt management and its enduring significance. 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 9781334348389_0
Quantité disponible : Plus de 20 disponibles
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-9781334348389
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-9781334348389
Quantité disponible : 15 disponible(s)