Commie Currency
Language: English
Published by Eagle Mountain Press, 2011
- Softcover
- New
Seller: GreatBookPrices, Columbia, MD, U.S.A.GreatBookPrices
AbeBooks seller since April 6, 2009
Condition: New
£ 27.52
Quantity: Over 20 available
Add to basketSeller Inventory # 15527511-n
- Title
- Commie Currency
- Author
- Buchanan, Timothy E.
- Publisher
- Eagle Mountain Press
- Publication year
- 2011
- Condition
- New
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 0983174911
- ISBN 13
- 9780983174912
In Karl Marx's utopian vision, there were to be no prices on products. All goods would be freely distributed; money would not exist, for there would be no need for it under communism. However, in the first nation that attempted to build a Marxist society, matters evolved quite differently. Commie Currency examines more than ninety examples of paper currency from Russia and the member states of the Soviet Union, from 1909 to 1999.
Twentieth-century imperial Russia was much stronger economically that later accounts would have it. She was able to raise capital for national development from the international community, thanks to her adoption of the gold standard in 1897. But the deprivations of the Great War, coupled with economic estrangement and poor political management, led to the downfall of the Romanov dynasty. The Provisional Government that replaced the tsar might have evolved into a lasting constitutional democracy, but again, bad decisions led to the Bolshevik coup of November 1917.
At first, Lenin's attitude towards money was one of simple expediency; he took what he needed. The Bolsheviks soon realized, however, that pecuniary abuse could be a tool of class warfare. During the Civil War, the belligerents each created alternative forms of payment; in this period, more different types of currency circulated than anywhere else at any time. The war created a money mêlée.
Meanwhile, the Soviets replaced banknotes with tokens, temporary measures on the fast track to abolishing money altogether. But instead of the millennium, they brought hyperinflation and near-ruination, and were saved only by allowing a partial return to the marketplace-NEP. They then attempted an odd experiment in bipaper, with good money for the state and bad paper for the masses. Finally, in 1924, the Bolsheviks decided that the money-free society, like the World Revolution, would be a long time in coming, and they stabilized the ruble.
Under Stalin and his successors, the Plan ruled; money was created as needed to fulfill targets and balance accounts. Moscow dealt with what was called the currency overhang by periodically imposing thinly disguised confiscations-in 1947, 1961, and 1991, on the eve of the collapse of communism.
The book's afterword argues that money played a crucial role in that collapse, as well as provoking the conditions that pushed Soviet leaders to attempt market reforms. Marxists hate money because they see it as the method of extracting profit from the labor of others. For them, money is theft. In contrast, Ludwig von Mises and other Austrian economists have demonstrated that the free market is the only means of performing rational economic calculations. For them, money is information. Interference with the market degrades the information; this conclusion has implications for America's finances.
The banknotes, tokens, securities, and vouchers are drawn from the collection held by The Museum of Orthodoxy on Colorado Springs. They are presented here in full color and, with few exceptions, at full size. Their images, symbols, and nomenclature are fully explained, and each bill is placed within its historical context. This is a book for collectors and those who love history.
"Synopsis" may belong to another edition of this title.
About the Author
"About the title" may belong to another edition of this title.
GreatBookPrices
Columbia, MD, U.S.A.
AbeBooks seller since April 6, 2009
Shipping rates within U.S.A.
| Item | 5 to 14 business days | 8 to 14 business days |
|---|---|---|
| First item | £ 2.00 | £ 2.00 |
Payment methods
Store description
SuperBookDeals.com is your top source for finding new books at the absolute lowest prices, guaranteed ! We offer big discounts - everyday - on millions of titles in virtually any category, from Architecture to Zoology -- and everything in between. Discover great deals and super-savings, on professional books, text book titles, the newest computer guides, or your favorite fiction authors. You'll find it all - at HUGE SAVINGS - at SuperBookDeals. Browse through our complete online product catalog today. Serving customers around the world for years, we help thousands find just the books they're looking for -- at incredibly low, bargain prices.…
Seller's business information
Expert Trading Limited
9220 Rumsey Road, Suite 101
Columbia, MD U.S.A. 21045
Terms of sale
Company Name: GreatBookPrices
Legal Entity: Expert Trading, LLC
Address: 6310 Stevens Forest, suite 200, Columbia MD 21046
Email address: CustomerService@SuperBookDeals.com
Phone number: 410-964-0026
consumer complaints can be addressed to address above
Registration #: 52-1713923
Authorized representative: Danielle Hainsey
Right of withdrawal
If you are a consumer you can withdraw from the contract in accordance with the following. Consumer means any natural person who is acting for purposes which are outside his trade, business, craft or profession.
Information regarding the right of withdrawal
Statutory right to withdraw
You have the right to withdraw from this contract within 14 days without giving any reason.
The withdrawal period will expire after 14 days from the day on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the last good or the last lot or piece.
To exercise the right of withdrawal, electronically fill in and submit a clear statement on our website, under "My Purchases" in "My Account". We will communicate to you an acknowledgement of receipt of such a withdrawal on a durable medium (e.g. by e-mail) without delay.
To meet the withdrawal deadline, it is sufficient for you to send your communication concerning your exercise of the right of withdrawal before the withdrawal period has expired.
Effects of withdrawal
If you withdraw from this contract, we will reimburse to you all payments received from you, including the costs of delivery (except for the supplementary costs arising if you chose a type of delivery other than the least expensive type of standard delivery offered by us).
We may make a deduction from the reimbursement for loss in value of any goods supplied, if the loss is the result of unnecessary handling by you.
We will make the reimbursement without undue delay, and not later than 14 days after the day on which we are informed about your decision to withdraw from this contract.
We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of such reimbursement.
We may withhold reimbursement until we have received the goods back, or you have supplied evidence of having sent back the goods, whichever is the earliest.
You shall send back the goods or hand them over to GreatBookPrices, Bensenville, Illinois, U.S.A., without undue delay and in any event not later than 14 days from the day on which you communicate your withdrawal from this contract to us. The deadline is met if you send back the goods before the period of 14 days has expired. You will have to bear the direct cost of returning the goods. You are only liable for any diminished value of the goods resulting from the handling other than what is necessary to establish the nature, characteristics and functioning of the goods.
Exceptions to the right of withdrawal
The right of withdrawal does not apply to:
- The delivery of newspapers, journals or magazines with the exception of subscription contracts; and
- The supply of digital content which is not supplied on a tangible medium (e.g. on a CD or DVD) if you accepted when you placed your order that we could start to deliver it, and that you could not withdraw once delivery had started.
Shipping terms
Our warehouses across the globe are fully operational without substantial delays. We are working hard and continue to overcome the daily challenges presented by COVID-19. We appreciate your understanding.
Internal processing of your order will take about 1-2 business days. Please allow an additional 4-14 business days for Media Mail delivery. We have multiple ship-from locations - MD,IL,NJ,UK,IN,NV,TN & GA