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A Comparative Estimate of the Effects Which a Continuance and a Removal of the Restriction Upon Cash Payments Are Respectively Calculated to Produce (Classic Reprint) by R Torrens (Paperback / softback, 2015)
Excerpt from A Comparative Estimate of the Effects Which a Continuance and a Removal of the Restriction Upon Cash Payments Are Respectively Calculated to Produce The Money, or Currency of a country, is liable to variations in its exchangeable value, from two distinct and very different causes. It will undergo a permanent alteration in value, either from an increase, or from a diminution, in the expense of producing the commodity of which it is composed; and it will be subject to occasional and temporary fluctuation of value, from any circumstance which affects the rate of exchange, and the balance of foreign payments. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art techlogy to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.