Items related to For the Use of the Enemies of England: A Real Statement...

For the Use of the Enemies of England: A Real Statement of the Finances and Resources of Great Britain; Illustrated by Two Copper-Plate Charts (Classic Reprint) - Softcover

William Playfair

 
9781334472688: For the Use of the Enemies of England: A Real Statement of the Finances and Resources of Great Britain; Illustrated by Two Copper-Plate Charts (Classic Reprint)

Synopsis

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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