Silver and Gold: And Their Relation to the Problem of Resumption (Classic Reprint) - Softcover

S. Dana Horton

 
9781330808641: Silver and Gold: And Their Relation to the Problem of Resumption (Classic Reprint)

Synopsis

Unravel the big questions behind money you can hold in your hand.

This book examines how gold and silver have shaped money, trade, and government policy across centuries. It explains why many nations kept two metals in circulation and what happens when that balance shifts.

Two short sections frame the discussion: the theory behind monometallic and bi-metallic money, and the real-world effects of major policy changes. The text traces the logic of exchange, the role of law, and the risks that inflation, debt, and currency reform can pose to a nation’s economy. It also looks at historical episodes in England and Europe to illuminate long-standing monetary ideas.
  • Learn the core concepts behind gold and silver as money, and how exchange rates become a kind of shared trust.
  • See how major reforms, like demonetizing silver or unifying coinage, ripple through prices, trade, and public finance.
  • Understand the arguments for various standards and the practical outcomes of different monetary policies.
  • Explore how law, economics, and politics intersect in the quest for stable money.
Ideal for readers of economic history, monetary theory, and policy debates around currency reform.

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