Cheap-Money Experiments in Past and Present Times: Reprinted, With Slight (Classic Reprint) - Softcover
Inhaltsangabe
Excerpt from Cheap-Money Experiments in Past and Present Times: Reprinted, With Slight
The great body of the American people would be Of incalculable value to us as a nation. One of these is that no government can create money out Of anything which it may choose to call money. Another is that all classes of the people, rich and poor, laborer and employer, are far better Off with a sound and stable currency than they are with any of the varieties Of cheap money. Another is that no part of the financial or business world can be benefited or injured by changes in the monetary standard of value without correspond ing benefit or injury to the other parts. Still another is that the larger part of the business of the country is transacted upon credit, and that anything which tends to disturb or to foreshadow.
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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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Cheap-Money Experiments in Past and Present Times: Reprinted, With Slight
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Paperback. Zustand: New. Print on Demand. This book delves into the history of cheap-money experiments conducted for centuries. From the English Land Bank in the 17th century to the Rhode Island Paper Bank and the Mississippi scheme in the 18th century, the author meticulously examines these attempts at creating more plentiful and accessible currency. Through these historical accounts, the author highlights the recurring fallacies and harmful consequences of such schemes. The book emphasizes that, despite recurring eras of economic hardship and dissatisfaction, measures that artificially manipulate currency values inevitably lead to instability, erode trust in the monetary system, and ultimately harm the very people they were intended to benefit. By presenting a comprehensive analysis of these past experiments, this book serves as a valuable cautionary tale against the allure of cheap-money panaceas and reinforces the importance of sound monetary principles. 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. Bestandsnummer des Verkäufers 9781330609729_0
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CheapMoney Experiments in Past and Present Times Reprinted, With Slight Classic Reprint
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781330609729
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CheapMoney Experiments in Past and Present Times Reprinted, With Slight Classic Reprint
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781330609729
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Cheap-Money Experiments in Past and Present Times : Reprinted, With Slight (Classic Reprint)
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Zustand: Sehr gut. Zustand: Sehr gut | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar. Bestandsnummer des Verkäufers 25928846/2
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