Ricardo's Exchange Remedy: A Proposal to Regulate the Indian Currency by Making It Expand and Contract Automatically at Fixed Sterling Rates, With the ... Clause of the Bank Act (Classic Reprint) - Softcover
Synopsis
This book proposes a detailed solution to currency exchange dilemmas that have plagued governments for centuries. The author, an expert in currency, delves into the causes of volatile currency exchange rates, particularly in nations that rely heavily on silver or gold. They provide a detailed analysis of the historical context of bimetallism and the gold standard's introduction, arguing it has resulted in an extreme scarcity of gold reserves and a corresponding inflation of silver. The author proposes an innovative solution based on the ideas of renowned economist David Ricardo, advocating for the adoption of a gold standard without the circulation of physical gold coins. They contend that this approach would stabilize exchange rates, reduce the need for gold, and boost the demand for silver. The book's significance lies in its comprehensive analysis of the historical and economic factors that have shaped currency exchange systems, offering a practical solution to the challenges faced by nations seeking monetary stability in an increasingly interconnected global economy.
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Ricardo's Exchange Remedy (Classic Reprint)
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Paperback. Condition: New. Print on Demand. This book proposes a detailed solution to currency exchange dilemmas that have plagued governments for centuries. The author, an expert in currency, delves into the causes of volatile currency exchange rates, particularly in nations that rely heavily on silver or gold. They provide a detailed analysis of the historical context of bimetallism and the gold standard's introduction, arguing it has resulted in an extreme scarcity of gold reserves and a corresponding inflation of silver. The author proposes an innovative solution based on the ideas of renowned economist David Ricardo, advocating for the adoption of a gold standard without the circulation of physical gold coins. They contend that this approach would stabilize exchange rates, reduce the need for gold, and boost the demand for silver. The book's significance lies in its comprehensive analysis of the historical and economic factors that have shaped currency exchange systems, offering a practical solution to the challenges faced by nations seeking monetary stability in an increasingly interconnected global economy. 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 # 9781333582036_0
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Ricardo's Exchange Remedy A Proposal to Regulate the Indian Currency by Making It Expand and Contract Automatically at Fixed Sterling Rates, With the Clause of the Bank Act Classic Reprint
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781333582036
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Ricardo's Exchange Remedy A Proposal to Regulate the Indian Currency by Making It Expand and Contract Automatically at Fixed Sterling Rates, With the Clause of the Bank Act Classic Reprint
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781333582036
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