Reform of the Bank of England Note Issue: Statistical Critique on the Operation of the Bank Charter Act of 1844, and Suggestions for an Improved ... on the 17th December, 1872, Reprinted Fr - Softcover
Inhaltsangabe
Excerpt from Reform of the Bank of England Note Issue: Statistical Critique on the Operation of the Bank Charter Act of 1844, and Suggestions for an Improved System of Issue; Paper Read Before the Statistical Society of London, on the 17th December, 1872, Reprinted From the Journal of the Statistical Society
The subject of the Bank Act of 1844 has always been a favourite theme in this Society, and although it has rarely been treated statistically, yet the Society cannot complain of the lack of variety of Opinions under which it has been brought before them.
Of the two parties which stand at the extreme ends of diverging views, the one not only utterly condemns the Bank of England Act and its limit of issue, but recommends the introduction of so-called free banking. The other upholds and praises the Bank Act, but condemns the public for not knowing how to make proper use of it. All the controversy which has hitherto taken place upon the question lies between these two extremes.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
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.
Die Inhaltsangabe kann sich auf eine andere Ausgabe dieses Titels beziehen.
Weitere beliebte Ausgaben desselben Titels
Suchergebnisse für Reform of the Bank of England Note Issue: Statistical...
Foto des Verkäufers
Reform of the Bank of England Note Issue (Classic Reprint)
Print-on-DemandAnbieter: Forgotten Books, London, Vereinigtes Königreich
Verkäuferbewertung 4 von 5 Sternen
Paperback. Zustand: New. Print on Demand. This book analyses the impact and effectiveness of the Bank of England Act of 1844, which governs the UK's note issue system. The author critically examines the act's intention of maintaining banknote convertibility and argues that other methods could have achieved this without sacrificing economic stability. The author posits that the act's duciary issue of £15 million in notes, backed by government securities rather than bullion, is unnecessary and has not achieved its intended purpose of providing money for the public. Statistical data demonstrates that the majority of these notes have remained idle in the Bank's reserves, failing to stimulate commerce and industry as intended. The author questions the artificial separation between the Bank's issue and banking departments, arguing that the former's bullion reserves should not dictate the latter's monetary policy, leading to unnecessary interest rate fluctuations and hampering economic growth. The book offers a valuable critique of the Bank of England Act of 1844, highlighting its shortcomings and suggesting that a revised system is needed, one that prioritizes the stability and effectiveness of the UK's monetary system over adherence to outdated 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 9781334468476_0
Neu kaufen
EUR 17,54
Versand gratis
Versand von Vereinigtes Königreich nach USA
Versand von Vereinigtes Königreich nach USA
Anzahl: Mehr als 20 verfügbar
Beispielbild für diese ISBN
Reform of the Bank of England Note Issue Statistical Critique on the Operation of the Bank Charter Act of 1844, and Suggestions for an Improved on the 17th December, 1872, Reprinted Fr
Anbieter: PBShop.store US, Wood Dale, IL, USA
Verkäuferbewertung 5 von 5 Sternen
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781334468476
Beispielbild für diese ISBN
Reform of the Bank of England Note Issue Statistical Critique on the Operation of the Bank Charter Act of 1844, and Suggestions for an Improved on the 17th December, 1872, Reprinted Fr
Anbieter: PBShop.store UK, Fairford, GLOS, Vereinigtes Königreich
Verkäuferbewertung 5 von 5 Sternen
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781334468476
Neu kaufen
EUR 23,01
EUR 4,81 Versand
Versand von Vereinigtes Königreich nach USA
Versand von Vereinigtes Königreich nach USA
Anzahl: 15 verfügbar