Considerations Occasioned by a Proposal for Reducing Interest to Three Per Cent: With Some General Thoughts Upon Reductions (Classic Reprint) - Softcover
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Excerpt from Considerations Occasioned by a Proposal for Reducing Interest to Three Per Cent: With Some General Thoughts Upon Reductions
It may be alfo true, that many People under the prefent preiture of Reductions upon Redu étions, will be under the neceiiity of taking a higher Intereft for a ibort Term of Years 3 but if they do, nothing but Ruin ever after can attend them and their Children, or any other Relation who may have a Dependance on them and even thofe as yet unborn will inevitably feel the fevere Weight of fuch a Scheme taking Place.
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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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Considerations Occasioned by a Proposal for Reducing Interest to Three Per Cent
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. This book is an economic treatise, published in the eighteenth century during a time of national financial strain. The author argues that proposed measures to stimulate the British economy by reducing interest rates on the national debt from four to three percent would be detrimental to all levels of society. The author contends that wealthy landowners and merchants would suffer as consumer demand for their goods and services declined, and the poor would see income from their savings and annuities diminish. The author also asserts that a reduction in interest rates would increase the demand for capital to invest abroad, which would draw capital from British businesses, reducing overall economic vitality. The author concludes that the negative consequences of lowering interest rates would outweigh the benefits, and suggests other routes to economic recovery. 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 # 9781331892472_0
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Considerations Occasioned by a Proposal for Reducing Interest to Three Per Cent With Some General Thoughts Upon Reductions Classic Reprint
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781331892472
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Considerations Occasioned by a Proposal for Reducing Interest to Three Per Cent With Some General Thoughts Upon Reductions Classic Reprint
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781331892472
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