Isbn: 9781334472879 - an investigation into the principles and credit of the circulation of paper money, or bank notes, in great britain: as protected or enforced by ... in the extent of such paper money, the resp (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 delves into the tumultuous history of paper money throughout various nations. Beginning with an examination of forced circulation and its grave consequences, the author traces the rise and fall of paper credit across different eras and regions. The author argues that paper money, despite its convenience, inherently lacks the stability of specie, often leading to devaluation, economic distress, and even political upheaval. Through a meticulous analysis of case studies, the author demonstrates how excessive reliance on paper money has time and again culminated in financial ruin for both individuals and states. Ultimately, the book reveals the enduring importance of precious metals as a foundation for sound monetary systems, highlighting the fragility of paper alternatives and the need for prudent fiscal policies. 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. …