The Fifty-cent Dollar PDF Download
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Author: Neil W. Carothers
Publisher:
ISBN:
Category : Currency question
Languages : en
Pages : 118
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Book Description
Author: Neil W. Carothers
Publisher:
ISBN:
Category : Currency question
Languages : en
Pages : 118
Get Book Here
Book Description
Author: Neil W. Carothers
Publisher:
ISBN: 9781331208235
Category : Business & Economics
Languages : en
Pages : 116
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Book Description
Excerpt from The Fifty-Cent Dollar: A Brief History of the Financial Agitation, Legislation and Condition of the United States, From 1890 to 1895 In 1873 silver was demonetized in the United States; that is, silver was denied the right to be coined into money at the mints. Some say this legislation was procured surreptitiously and criminally. However this may be, it is at least certain that the real character of the legislation was unknown to a majority of those responsible for it, including the President himself, General Grant, who approved the act. Neither gold nor silver was then in circulation - paper currency being the almost exclusive circulating medium - and it was sometime before the legislation in question attracted public attention and concern. The financial question in this country had previously been; not how to reduce our money supply, but rather how sufficiently and legitimately to increase it. in order to keep pace with our rapid development and growing commerce. It was far from the minds of the masses to imagine that silver would be demonetized, and it was correspondingly difficult afterwards for them to believe that it had been done. 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 technology 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.
Author: Neil W. Carothers
Publisher: Nabu Press
ISBN: 9781289819842
Category :
Languages : en
Pages : 116
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Book Description
This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book.
Author: Neil W. Carothers
Publisher: Palala Press
ISBN: 9781378616475
Category : Business & Economics
Languages : en
Pages : 116
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Book Description
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Author: R.R. Bowker Company
Publisher: New York : R.R. Bowker Company
ISBN:
Category : Law
Languages : en
Pages : 1516
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Book Description
Author: Clément Juglar
Publisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 172
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Book Description
Author: Library of Congress
Publisher:
ISBN:
Category : Catalogs, Union
Languages : en
Pages : 718
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Book Description
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309031494
Category : Social Science
Languages : en
Pages : 478
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Book Description
Author: James Laurence Laughlin
Publisher:
ISBN:
Category : Bimetallism
Languages : en
Pages : 324
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Book Description
Author: Mr.Jaromir Benes
Publisher: International Monetary Fund
ISBN: 1475505523
Category : Business & Economics
Languages : en
Pages : 71
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Book Description
At the height of the Great Depression a number of leading U.S. economists advanced a proposal for monetary reform that became known as the Chicago Plan. It envisaged the separation of the monetary and credit functions of the banking system, by requiring 100% reserve backing for deposits. Irving Fisher (1936) claimed the following advantages for this plan: (1) Much better control of a major source of business cycle fluctuations, sudden increases and contractions of bank credit and of the supply of bank-created money. (2) Complete elimination of bank runs. (3) Dramatic reduction of the (net) public debt. (4) Dramatic reduction of private debt, as money creation no longer requires simultaneous debt creation. We study these claims by embedding a comprehensive and carefully calibrated model of the banking system in a DSGE model of the U.S. economy. We find support for all four of Fisher's claims. Furthermore, output gains approach 10 percent, and steady state inflation can drop to zero without posing problems for the conduct of monetary policy.
