This book discusses the commercial bills and bank notes in circulation during the late 18th century, particularly highlighting the urgent need to establish a central bank to regulate the excesses occurring within the finance community of the time. Concerned that the public is starting to lose confidence in using promissory notes due to the financial irresponsibility of unregulated banks issuing paper currency without sufficient backing, the author provides a well-reasoned economic argument for the necessity of a central entity to control the money supply and safeguard the nation's financial health.
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Seller: Forgotten Books, London, United Kingdom
Paperback. Condition: New. Print on Demand. This book discusses the commercial bills and bank notes in circulation during the late 18th century, particularly highlighting the urgent need to establish a central bank to regulate the excesses occurring within the finance community of the time. Concerned that the public is starting to lose confidence in using promissory notes due to the financial irresponsibility of unregulated banks issuing paper currency without sufficient backing, the author provides a well-reasoned economic argument for the necessity of a central entity to control the money supply and safeguard the nation's financial health. 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 # 9781334472688_0
Quantity: Over 20 available
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781334472688
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781334472688
Quantity: 15 available