Items related to A Method of Increasing the Quantity of Circulating-Money

A Method of Increasing the Quantity of Circulating-Money - Softcover

Upon A New And Solid Principle; Letter II

 
9781334472152: A Method of Increasing the Quantity of Circulating-Money

Synopsis

This book considers the complexities surrounding the extension of circulating currency during the 18th century. The author examines the lack of monetary resources within both the landed gentry and trade during this period. This book also presents an innovative plan for the creation and circulation of money and discusses how it would be applied to the relief of the landed interest. The author furthermore discusses the advantages and concerns linked to the plan, including its potential to increase the price of commodities, its relation to the Bank of England, and its possible impact on the national debt and tax rates. Ultimately, this proposal positions the importance of public wisdom in controlling the tides of new money.

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