Mutual Banking: Showing the Radical Deficiency of the Present Circulating Medium and the Advantages of a Free Currency (Classic Reprint) - Softcover
Synopsis
Excerpt from Mutual Banking: Showing the Radical Deficiency of the Present Circulating Medium and the Advantages of a Free Currency
All these theories are in opposition to the orthodox economy; the first denies that interest cannot be lowered by changes in the currency, the second denies monopoly, and the third denies the necessity of a metallic basis.
It is gratifying to observe these tendencies, and in the hope that they may soon become more marked, and to help carry them to their logical conclusion, this work is republished.
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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Mutual Banking (Classic Reprint)
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Paperback. Condition: New. Print on Demand. This book presents a comprehensive analysis of usury, the practice of lending money at exorbitant interest rates, throughout history. The author argues that usury is a systemic problem rooted in the artificial value created by the use of gold and silver as currency. This value, he contends, allows lenders to charge excessive interest rates, leading to the exploitation of borrowers and the concentration of wealth in the hands of a few. The author proposes a solution to this problem by advocating for a currency system based on real property. This system, he believes, would eliminate the artificial value associated with gold and silver and make usury impossible. The book's insights offer a valuable perspective on the history and consequences of usury, making it an essential read for anyone interested in economics, finance, or social justice. 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. print-on-demand item. Seller Inventory # 9780243250929_0
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Mutual Banking: Showing the Radical Deficiency of the Present Circulating Medium and the Advantages of a Free Currency (Classic Reprint)
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9780243250929
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Mutual Banking: Showing the Radical Deficiency of the Present Circulating Medium and the Advantages of a Free Currency (Classic Reprint)
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9780243250929
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