ISBN: 9781334473708 - A Letter on the Currency, to the Right Hon. the Viscount Althorp, Chancellor of the Exchequer, &c., &c., &c (classic Reprint) (3 results)

PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condition: New. Print on Demand. This book probes the impact of the 1819 Currency Act which fixed Britain's currency to the gold standard after the Napoleonic wars. The author argues that this policy favoured the wealthy at the expense of the working class and middle classes. The book offers a historical context of the act and its consequences and explores economic concepts, such as inflation, monetary systems, and banking practices. The author asserts that the act created a deflationary spiral which led to widespread unemployment, business failures, and social unrest. The book concludes that the act was a grave error that undermined Britainâs economic stability and caused decades of hardship for the majority of its citizens. 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. print-on-demand item.…