The South African, Currency and Exchange Problem Re-Examined (Classic Reprint)

Language: English

Published by Forgotten Books, 2024

1330644786 / 9781330644782

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Seller: Forgotten Books, London, United KingdomForgotten Books

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Print on Demand. This book by a renowned economist examines the relationship between the United States and South Africa's exchange and monetary systems during the years 1913-1921, a time of great international economic disruption. The author takes the position that the traditional economic theories on the relationship between a currency's value and inflation do not hold true in the era of post-war economic chaos and calls for caution in the move toward resuming gold specie payments. The author explains that the economic policies that encouraged massive inflation during the First World War created a situation in which the gold-specie standard, which had previously stabilized prices, was no longer viable. Given these conditions, a shift in economic policy toward rapid deflation to return to the gold standard would cause massive economic crises. The author argues that the move toward the gold standard must be managed carefully, or else it would lead to economic collapse. 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 # 9781330644782_0

Title
The South African, Currency and Exchange Problem Re-Examined (Classic Reprint)
Author
Sir Henry Strakosch
Publisher
Forgotten Books
Publication year
2024
Condition
New
Book Type
print-on-demand item
Binding
Paperback
Language
English
ISBN 10
1330644786
ISBN 13
9781330644782
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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