Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Longmans, Green, Reader, and Dyer, 1871 |
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Сторінка vii
... currency promotes industry 5. Depreciation of currency a tax on the community , and a fraud on creditors 6. Examination of some pleas for committing this fraud CHAPTER XIV . Of Excess of Supply . § 1. Can there be an oversupply of ...
... currency promotes industry 5. Depreciation of currency a tax on the community , and a fraud on creditors 6. Examination of some pleas for committing this fraud CHAPTER XIV . Of Excess of Supply . § 1. Can there be an oversupply of ...
Сторінка 27
... depreciation was great , some of the inferior mines would perhaps stop working altogether : and a falling off in the annual supply , preventing the annual wear and tear from being completely compensated , would by degrees reduce the ...
... depreciation was great , some of the inferior mines would perhaps stop working altogether : and a falling off in the annual supply , preventing the annual wear and tear from being completely compensated , would by degrees reduce the ...
Сторінка 34
... currency is rendered more liable by having two legal standards , is a fall of value , or what is commonly called a depreciation ; since practically that one of the two metals will always be the standard , of which the real has fallen ...
... currency is rendered more liable by having two legal standards , is a fall of value , or what is commonly called a depreciation ; since practically that one of the two metals will always be the standard , of which the real has fallen ...
Сторінка 79
... currency is depreciated , and to what extent . That indication is , the price of the precious metals . When holders of paper cannot demand coin to be converted into bullion , and when there is none left in circulation , bullion rises ...
... currency is depreciated , and to what extent . That indication is , the price of the precious metals . When holders of paper cannot demand coin to be converted into bullion , and when there is none left in circulation , bullion rises ...
Сторінка 82
... depreciated in value from being issued in excessive quantity . The assig nats , during the French Revolution , were an example of a currency grounded on these principles . The assignats " re- presented " an immense amount of highly ...
... depreciated in value from being issued in excessive quantity . The assig nats , during the French Revolution , were an example of a currency grounded on these principles . The assignats " re- presented " an immense amount of highly ...
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Загальні терміни та фрази
17 yards advantage amount assignats bank notes Bank of England bankers bills of exchange book credits borrow bullion cause cheaper cheapness cheques circulating medium circumstances coin consequence consumers cost of carriage cost of production dealers debt demand and supply depend deposits depreciation diminished discounted duction effect employed equal equivalent exactly exchange value existing expense exports fall foreign commodities foreign countries France Germany gold and silver greater hands imports improvement increase international demand issue issuers labour and capital land law of value less loan market lower means million mode obtain paid payments permanent person portion pounds pounds sterling precious metals produce proportion purchasing power quantity of money raise rate of interest rate of profit ratio rise of prices seignorage sell shillings speculation suppose supposition theory things tion trade transactions value of money wages wanted whole yards of cloth yards of linen