The Monetary Conference: Questions Addressed to the British and Belgian Delegates (Classic Reprint)

Henri Cernuschi

ISBN 10: 1331908787 / ISBN 13: 9781331908784

Published by LULU PR, 2019

About this Item

Zustand: Sehr gut | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar.

Seller Inventory # 26034363/2

Bibliographic Details

• Title: The Monetary Conference: Questions Addressed to the British and Belgian Delegates (Classic Reprint)
• Publisher: LULU PR
• Publication Date: 2019
• Language: English
• ISBN 10: 1331908787
• ISBN 13: 9781331908784
• Binding: Soft cover
• Condition: Sehr gut
• Seller catalogs:
  • Bücher

About this title

Synopsis

This book advocates for a bi-metallic monetary standard in which the relative value of gold and silver is fixed by legislation. The author argues that this system would create a more stable monetary system, reduce the volatility of exchange rates, and promote international trade. The book provides a historical overview of bi-metallism, discusses the arguments for and against it, and proposes a specific plan for its implementation. The author argues that a bi-metallic monetary system would be more stable than a gold or silver monometallic system because the value of the monetary unit would be based on the average value of both gold and silver. This would help to prevent large fluctuations in the value of money, which can harm businesses and consumers. The author also argues that a bi-metallic monetary system would reduce the volatility of exchange rates because the value of the monetary unit would be the same in all countries that adopted the system. This would make it easier for businesses to trade across borders and would promote international trade. The book is a valuable resource for anyone interested in the history of money, the economics of bi-metallism, or the current debate over monetary reform.