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Dangers of an Entire Repeal of the Bank Restriction Act and a Plan Suggested for Obviating Them (Classic Reprint) - Softcover

 
9781333182489: Dangers of an Entire Repeal of the Bank Restriction Act and a Plan Suggested for Obviating Them (Classic Reprint)

Synopsis

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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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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  • PublisherForgotten Books
  • Publication date2024
  • ISBN 10 1333182481
  • ISBN 13 9781333182489
  • BindingPaperback
  • LanguageEnglish
  • Number of pages33

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John Wray
Published by Forgotten Books, 2024
ISBN 10: 1333182481 ISBN 13: 9781333182489
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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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ISBN 10: 1333182481 ISBN 13: 9781333182489
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John Wray
Published by Forgotten Books, 2018
ISBN 10: 1333182481 ISBN 13: 9781333182489
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