Attempt to Explain From Facts the Effect of the Issues of the Bank of England
| Preis: | 14.95 EUR* (inkl. MWST zzgl. Versand - Preis kann jetzt höher sein!) |
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| Partner: | buecher.de |
| Hersteller: | Forgotten Books (Mushet, Robert) |
| Stand: | 2015-08-04 03:50:33 |
Produktbeschreibung
Excerpt from Attempt to Explain From Facts the Effect of the Issues of the Bank of England: Upon Its Own Interests, Public, Credit, and Country Banks The object of this publication is to explain the causes of the fluctuations in the money value of property, which have so frequently occurred in the history of our commerce and currency. The extensive and frequent derangement of our internal and external trade, I have, from a variety of facts, endeavoured to trace to fluctuations in the amount of the circulating medium, sometimes in excess and sometimes in deficiency. When in excess it produces a spirit of general speculation and overtrading, which is followed as its consequence by the most extensive calamity. When in deficiency, it leads to a depression of prices, which deprives the capitalist of the fair profits of his industry and enterprize. I have endeavoured to show that both extremes have their origin in the mode in which our paper currency is administered. How far I have succeeded I must leave the candid reader to determine. 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.
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