The Bank-Charter Act and the Rate of Interest (Classic Reprint)

Language: English

Published by Forgotten Books, 2024

1330848195 / 9781330848197

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Seller: Forgotten Books, London, United KingdomForgotten Books

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Print on Demand. This book proposes a solution to the issue of excessive interest rates as a response to a drain of gold from a country's reserves. The author argues that this policy of raising interest rates is both unjust and ineffective, and instead suggests the government issue a national convertible currency not based on the gold standard. This, the author claims, would provide a greater degree of security and stability to the nation's economy. The book delves into the history of monetary policy, particularly in England, and presents a detailed analysis of the effects of raising interest rates on the economy. The author provides evidence to challenge the efficacy of the policy and concludes that raising interest rates is a harmful practice that should be replaced with a more sensible and practical solution such as the one proposed in this book. 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.

Seller Inventory # 9781330848197_0

Title
The Bank-Charter Act and the Rate of Interest (Classic Reprint)
Author
Dedicated (Without Permission) To The Right Hon. William Ewart Gladstone
Publisher
Forgotten Books
Publication year
2024
Condition
New
Book Type
print-on-demand item
Binding
Paperback
Language
English
ISBN 10
1330848195
ISBN 13
9781330848197
Seller catalogs
Economics

Forgotten Books

London, United Kingdom

5-star seller

AbeBooks seller since June 2, 2021

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Store description

Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.

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FB &c Ltd

Dalton House, 60 Windsor Avenue
London, United Kingdom SW19 2RR