An Inquiry Into The Currency Principle: The Connection Of The Currency With Prices, And The Expediency Of A Separation Of Issue From Banking (1844)

An Inquiry Into The Currency Principle, written by Thomas Tooke in 1844, is a detailed examination of the relationship between currency and prices, and the feasibility of separating the issue of currency from banking. Tooke argues that the value of currency is directly linked to the supply of goods and services in the economy, and that an increase in the money supply will lead to inflation unless it is accompanied by an increase in production. He also discusses the history of banking and the role of central banks in regulating the money supply. Tooke ultimately advocates for a separation of the currency issue from banking, arguing that this would lead to greater stability and control over the money supply. The book is a significant contribution to the study of monetary economics and remains relevant today.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.