A Letter, Containing Observations on Some the Effects of Our Paper Currency,

Language: English

Published by Forgotten Books, 2024

1333217455 / 9781333217457

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Seller: Forgotten Books, London, United KingdomForgotten Books

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Softcover

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Print on Demand. This book suggests that the abundance of paper money issued by banks and other lenders has been a crucial factor in the rapid increase in the price of goods and services that has marked the current era. While the Bank of England has been the primary source of the increased money supply, it has been aided by a multitude of private banks and other lenders who have flooded the country with their own promissory notes, which are often accepted as currency. The author argues that this overabundance of paper money has caused the value of the currency to plummet, thereby increasing the cost of living for ordinary people. The book offers a historical perspective on the role of money in society and analyzes the potential long-term consequences of the current monetary situation. It concludes by emphasizing the importance of understanding the causes of inflation and the need for sound monetary policies to manage it effectively, thus revealing valuable insights into the complex relationship between money and the economy. 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 # 9781333217457_0

Title
A Letter, Containing Observations on Some the Effects of Our Paper Currency,
Author
Peter Richard Hoare
Publisher
Forgotten Books
Publication year
2024
Condition
New
Book Type
print-on-demand item
Binding
Paperback
Language
English
ISBN 10
1333217455
ISBN 13
9781333217457
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