A Brief Inquiry Into the True Award of an Equitable Adjustment Between the Nation and Its Creditors With Tables Classic Reprint

John Stuart Wortley

ISBN 10: 1334472858 ISBN 13: 9781334472855

Editore: Forgotten Books, 2018

Nuovi PAP

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New Book. Shipped from UK. Established seller since 2000. Codice articolo LX-9781334472855

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Excerpt from A Brief Inquiry Into the True Award of an "Equitable Adjustment" Between the Nation and Its Creditors: With Tables

The petition of the members of the Pollokshaws Political Union, - Humbly sheweth, that of the present money is not due to the fundholders; the value of the money has been changed, it has been doubled in the amount of one half, and therefore if the debt were paid of, the creditors would be entitled, in fact, to no more than of money of the present value.

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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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Dati bibliografici

Titolo: A Brief Inquiry Into the True Award of an ...
Casa editrice: Forgotten Books
Data di pubblicazione: 2018
Legatura: PAP
Condizione: New

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A Brief Inquiry Into the True Award of an "Equitable Adjustment" Between the

John Stuart Wortley

Editore: Forgotten Books, 2018

ISBN 10: 1334472858 ISBN 13: 9781334472855

Nuovo Paperback

Print on Demand

Da: Forgotten Books, London, Regno Unito

Valutazione del venditore 5 su 5 stelle

Paperback. Condizione: New. Print on Demand. This book delves into the financial consequences of England's suspension of the gold standard in 1797, and its subsequent resumption in 1819. The author examines the impact on government creditors and debtors, demonstrating that the nation's loss due to restored value was preceded by significant gains during the period of currency devaluation. The book challenges the prevailing narrative of one-sided loss by highlighting the financial benefits the government derived from the suspension. By comparing the effects of currency fluctuations on fixed payments made during and after the depreciation, the author presents a nuanced understanding of the complex relationship between the standard of value and the distribution of wealth. Ultimately, this book provides valuable insights into the historical context of monetary policy and its implications for government finance, making it a valuable resource for economists, historians, and anyone interested in the evolution of financial systems. 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 9781334472855_0

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