Money and Credit Instruments in Their Relation to General Prices, Vol. 1 (Classic Reprint) - Softcover
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Excerpt from Money and Credit Instruments in Their Relation to General Prices, Vol. 1
2 The value of money, in general, is the quantity of all money in the world in proportion to all the trade; but the value of money in any one country, is the present quantity of the current money in that country, in proportion to the present trade. Works, V. 49.
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Money and Credit Instruments in Their Relation to General Prices, Vol. 1
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Paperback. Condition: New. Print on Demand. This book delves into the relationship between money and credit instruments and their impact on general prices. It explores this relationship in a hypothetical society that uses only money as a medium of exchange, gradually adding complexity to model real-world conditions. The book examines how changes in the money supply affect prices, considering factors like hoarding and the velocity of money's circulation. It also analyzes the role of credit instruments, such as checks, in shaping prices and discusses the influence of business confidence on monetary circulation. Throughout, the author emphasizes the importance of understanding the principles that determine the value of money to effectively manage monetary systems and stabilize prices. This book provides valuable insights for students, policymakers, and anyone interested in the intricate relationship between money, credit, and prices. It offers a comprehensive analysis of monetary theory, examining both historical and contemporary perspectives, and its findings remain highly relevant in today's financial landscape. 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 # 9781330087091_0
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Money and Credit Instruments in Their Relation to General Prices, Vol 1 Classic Reprint
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330087091
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Money and Credit Instruments in Their Relation to General Prices, Vol 1 Classic Reprint
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330087091
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Money and Credit Instruments in Their Relation to General Prices, Vol. 1 (Classic Reprint)
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Condition: Hervorragend. Zustand: Hervorragend | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar. Seller Inventory # 25762137/1