This book offers a critical examination of the impact of currency on the economy, with a particular focus on the effects of over-issuance of banknotes. The author argues that the government's suspension of the convertibility of notes into specie in 1797 led to a depreciation of the currency, which had significant consequences for the economy and society. The author explores the impact of currency depreciation on foreign exchange rates, government expenditure, and the interests of different classes within society. The book sheds light on the complex relationship between currency and the economy, and provides valuable insights into the dangers of excessive monetary expansion.
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Seller: Forgotten Books, London, United Kingdom
Paperback. Condition: New. Print on Demand. This book offers a critical examination of the impact of currency on the economy, with a particular focus on the effects of over-issuance of banknotes. The author argues that the government's suspension of the convertibility of notes into specie in 1797 led to a depreciation of the currency, which had significant consequences for the economy and society. The author explores the impact of currency depreciation on foreign exchange rates, government expenditure, and the interests of different classes within society. The book sheds light on the complex relationship between currency and the economy, and provides valuable insights into the dangers of excessive monetary expansion. 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. Seller Inventory # 9780331511420_0
Quantity: Over 20 available
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9780331511420
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9780331511420
Quantity: 15 available