Gold Production and Future Prices (Classic Reprint)

Language: English

Published by Forgotten Books, 2018

1330357361 / 9781330357361

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Seller: Forgotten Books, London, United KingdomForgotten Books

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Print on Demand. This book explores the complex interplay between the production of gold and the fluctuation of commodity prices throughout history. The author argues that shifts in the supply of gold, relative to the production costs of other goods, are the primary driver of price movements. The book provides a detailed examination of three major periods of increased gold production: following the discovery of the Americas, the California Gold Rush, and the contemporary era. Each period is analyzed to reveal the unique circumstances and resulting price dynamics, highlighting the consistent pattern of rising prices triggered by increased gold supply. The author also delves into the various factors that can counteract the inflationary effects of increased gold production, such as technological advancements and economic growth. However, the book emphasizes that these countervailing forces are often outweighed by the long-term impact of significant gold discoveries. Ultimately, this book elucidates the profound impact of gold production on the broader historical and economic landscape, demonstrating its pivotal role in shaping the value of goods and the ebb and flow of commerce. 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 # 9781330357361_0

Title
Gold Production and Future Prices (Classic Reprint)
Author
Harrison H. Brace
Publisher
Forgotten Books
Publication year
2018
Condition
New
Book Type
print-on-demand item
Binding
Paperback
Language
English
ISBN 10
1330357361
ISBN 13
9781330357361
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

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