Excerpt from The Bane and Antidote of Our Monetary System Suggested, and the Impolicy of the Bank Charter Act of 1844: Demonstrated, in a Series of Letters and Essays
Let us consider the effect of thus introducing credit money, in other terms paper money, into a country where pre viously the currency ms entirely of gold and silver; the quantity then in circulation being naturally just as much as the country required, the introduction of paper mone y, which would answer the purpose equally well if as safe, would dis engage just as much of the precious metals as it supplanted.
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Anbieter: Forgotten Books, London, Vereinigtes Königreich
Paperback. Zustand: New. Print on Demand. This book examines the Bank Charter Act of 1844 which the author believes negatively impacts the UK economy. The author argues the Act restricts the money supply in the UK and artificially elevates interest rates, thus doing great harm to businesses and consumers. They contend it causes recessions and restricts trade, and should be repealed. The author proposes a new system wherein banks would be allowed to issue banknotes backed by government securities, which they believe would increase the money supply and lower interest rates. 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 9781528075688_0
Anzahl: Mehr als 20 verfügbar
Anbieter: PBShop.store US, Wood Dale, IL, USA
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781528075688
Anbieter: PBShop.store UK, Fairford, GLOS, Vereinigtes Königreich
PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000. Bestandsnummer des Verkäufers LW-9781528075688
Anzahl: 15 verfügbar