9781330665039 - the financial and commercial crisis considered (classic reprint) von ashburton, alexander baring (3 Ergebnisse)

- Softcover
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000.

- Softcover
Anbieter: PBShop.store UK, Fairford, GLOS, Vereinigtes KönigreichPBShop.store UK
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PAP. Zustand: New. New Book. Shipped from UK. Established seller since 2000.
Weitere Bilder- Softcover
- Print-on-Demand
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Paperback. Zustand: New. Print on Demand. This book examines the evolution of banking practices in England, with a particular focus on the impact of the Bank Charter Act of 1844. The author, a seasoned financial expert and former politician, argues that the Act's rigid restrictions on the issuance of banknotes have exacerbated e…conomic downturns, such as the one experienced in 1825 and the one the country is currently facing. The author argues that the Act's insistence on limiting the issuance of banknotes to a fixed amount of gold or silver reserves has led to a contraction of credit and a reduction in lending, which has in turn stifled economic activity. The author proposes a more flexible approach to monetary policy, one that takes into account the specific circumstances of each economic downturn and allows for a more nuanced response from the Bank of England. By providing a detailed historical analysis and a compelling argument for reform, this book offers valuable insights into the complex relationship between banking practices and economic stability. 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.