The Silver Standard and the Straits Currency Question (Classic Reprint)

Language: English

Published by Forgotten Books, 2024

1333595212 / 9781333595210

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Seller: Forgotten Books, London, United KingdomForgotten Books

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Print on Demand. This book assesses the consequences of the silver standard adopted in various countries before 1873, how it impacted prices, trade, and living conditions, and why the standard was abandoned by most countries after this date. Subsequently, the book examines the Straits Settlements and the Native States after the closure of Indian mints in 1893 and its impact on the region's economy. The author concludes that instead of helping the economy, the region's adherence to the silver standard has instead hindered economic growth and caused widespread financial and social hardship. The author therefore recommends that the Straits Settlements and Native States abandon the silver standard and adopt a gold standard, outlining a number of potential methods to achieve this with minimal disruption and negative consequences. The book provides valuable insight into the history of monetary policy and the negative effects of an unstable monetary standard on a region's 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 # 9781333595210_0

Title
The Silver Standard and the Straits Currency Question (Classic Reprint)
Author
August Huttenbach
Publisher
Forgotten Books
Publication year
2024
Condition
New
Book Type
print-on-demand item
Binding
Paperback
Language
English
ISBN 10
1333595212
ISBN 13
9781333595210
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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Trade

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FB &c Ltd

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