Money And Profit-Sharing: Or The Double Standard Money System (1908)

Money and Profit-Sharing: Or The Double Standard Money System is a book written by James Carmichael Smith in 1908. The book explores the concept of a double standard money system, where there are two types of currency in circulation - one for everyday transactions and another for investments and savings. Smith argues that this system could provide a solution to the problems of inflation and economic instability. He also proposes a profit-sharing system, where workers would receive a share of the profits of the company they work for, as a means of promoting economic equality and reducing poverty. The book provides a detailed analysis of the current monetary system and its flaws, as well as offering practical solutions for creating a more stable and equitable economy. It is a valuable resource for anyone interested in economic theory and the history of monetary policy.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.