Excerpt from Dangers of an Entire Repeal of the Bank Restriction Act and a Plan Suggested for Obviating Them
The establishment of an efficient paper currency maintaining an unimpaired value, during a period of more than twenty years, exhibits to the political economist the import ant fact, not previously supposed to be pos sible, that the intervention of a metallic cur reney for the circulation of every species of exchangeable commodities, may be safely and conveniently dispensed with.
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Paperback. Condition: New. Print on Demand. This book presents a meticulous analysis of banking practices and currency, highlighting the transformative impact of the Bank of England and its paper currency. It delves into the historical origins of banking systems, tracing their evolution from rudimentary forms to the sophisticated institutions we rely on today. The author contends that a well-managed paper currency, backed by substantial property, can effectively replace metal currency without compromising its value. The book explores the challenges and opportunities presented by the introduction of a paper-based monetary system, arguing that it can facilitate economic growth and stability. It emphasizes the need for careful management and regulation to prevent inflation and other potential pitfalls. Ultimately, this book offers invaluable insights into the intricate workings of banking and currency, providing a foundation for understanding the complexities of modern 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. Seller Inventory # 9781333182489_0
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LX-9781333182489
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Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LX-9781333182489
Quantity: 15 available