Considerations Occasioned by a Proposal for Reducing Interest to Three Per Cent

Language: English

Published by Forgotten Books, 2024

1331892473 / 9781331892472

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Seller: Forgotten Books, London, United KingdomForgotten Books

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Print on Demand. This book is an economic treatise, published in the eighteenth century during a time of national financial strain. The author argues that proposed measures to stimulate the British economy by reducing interest rates on the national debt from four to three percent would be detrimental to all levels of society. The author contends that wealthy landowners and merchants would suffer as consumer demand for their goods and services declined, and the poor would see income from their savings and annuities diminish. The author also asserts that a reduction in interest rates would increase the demand for capital to invest abroad, which would draw capital from British businesses, reducing overall economic vitality. The author concludes that the negative consequences of lowering interest rates would outweigh the benefits, and suggests other routes to economic recovery. 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.…

Seller Inventory # 9781331892472_0

Title
Considerations Occasioned by a Proposal for Reducing Interest to Three Per Cent
Author
With Some General Thoughts Upon Reductions
Publisher
Forgotten Books
Publication year
2024
Condition
New
Book Type
print-on-demand item
Binding
Paperback
Language
English
ISBN 10
1331892473
ISBN 13
9781331892472
Seller catalogs
Business Investment

Forgotten Books

London, United Kingdom

5-star seller

AbeBooks seller since June 2, 2021

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Store description

Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.

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FB &c Ltd

Dalton House, 60 Windsor Avenue
London, United Kingdom SW19 2RR