9781333239459 - A Letter to D. Ricardo, Esq. Containing an Analysis of His Pamphlet on the Depreciation of Bank Notes (Classic Reprint) di Crombie, Alexander (3 risultati)

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condizione: New. Print on Demand. This book critically engages with prevailing economic theories of the early 19th century, particularly regarding the relationship between gold and banknotes. The author argues that in periods of economic instability, the value of banknotes may remain stable in relation to the price of goods and services generally, but may decrease in value when measured against gold or silver. This analysis highlights that gold and silver are not inherently more valuable than paper currency but rather fluctuate in value based on supply and demand, similar to other commodities and goods. 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.