ISBN: 9781333438470 - remarks on a pamphlet intitled, "the question concerning the depreciation of the currency stated and examined" by william huskisson, esq. m. p: ... intended to explain the real nature, (3 Ergebnisse)

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Paperback. Zustand: New. Print on Demand. This book contends that speculative theories on currency have caused widespread financial distress. It argues that monetary value is defined by its ability to purchase goods and services, rather than reliant on a gold standard. The author theorizes that during wartime, an excess of paper currency is necessary to sufficiently fund military campaigns. The book argues that abolishing paper currency in favor of the gold standard would have severe consequences for the economy and the war effort, such as interest rates rising, fewer funds available for government spending, and annuities losing their value. The author contends that the arguments of the Bullion Committee have no justifiable foundation and would lead to economic damage. 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.…