Understand the currency question through official data and measured analysis. This nonfiction work examines how the money supply has changed since the Civil War era, using tables, reports, and statutes to separate fact from rumor. It aims to offer clear, verifiable information to help readers judge the real size of currency in circulation.
The book compiles a concise history of U.S. currency laws and the moments when money supply decisions shaped the economy. It emphasizes careful, document-based analysis over sensational claims, with an eye toward practical understanding for informed readers.
Ideal for readers of economic history and anyone seeking a grounded, data-driven view of currency policy.
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Da: Forgotten Books, London, Regno Unito
Paperback. Condizione: New. Print on Demand. This important, thoroughly referenced study directly refutes the common misconception that there was an enormous contraction of the currency after the Civil War. It is established here unequivocally, by meticulously tracing the history of every item in the public debt between 1860 and 1878, that there was instead a significant increase in the money supply. This study demolishes the oft-repeated claim that the currency was reduced by retiring two billion dollars of temporary loans; the author proves that the temporary loans were not retired at all, but instead were redeemed at maturity and replaced with longer-term bonds. The author further counters each and every argument presented by the proponents of the currency contraction theory, backing up his rebuttals with numerous contemporaneous documents, many of them from officials who had intimate knowledge of the financial circumstances of the time. 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. Codice articolo 9781332325511_0
Quantità: Più di 20 disponibili
Da: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781332325511
Quantità: 15 disponibili
Da: PBShop.store UK, Fairford, GLOS, Regno Unito
PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781332325511
Quantità: 15 disponibili