An Essay On Production Money And Government in Which the Principle of a Natura
An Essay On Production Money And Government in Which the Principle of a Natura
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In our eReader you can find the full English version of the book. Read An Essay On Production Money And Government in Which the Principle of a Natura Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book An Essay On Production Money And Government in Which the Principle of a Natura
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To quickly assess the difficulty of the text, read a short excerpt:
" And with unshackled industry, which will then hold, that it will be impossible to disproportion any thing.
The lodgments of gold with the bureau of production will not decrease the power of continually lodging more ; every ounce paid in being immediately issued by the Gov- 22 AN ESSAY ON PRODUCTION.
eminent, and re-obtained by the banks, who will keep sending it in to the bureau just as often as they have occasion for paper evidences of money, to meet, through their customers, the demand in t...he production of material substances. And it will be unprofitable to send it in faster than paper money is needed, as gold, in superabund- ance, in a nation, can be exported to a probable profit ; but money having no productive or material value WITHIN itself, and not being an article of merchandise, consequently bearing no profit, will be, in surplus, totally valueless as an investment.
The money under this law will never fluctuate in value it will rule all values. The degree of value in all fixed producing properties of the nation will depend upon the relative amount of money afloat.
What to read after An Essay On Production Money And Government in Which the Principle of a Natura?
You can find similar books in the "Read Also" column, or choose other free books by William Alexander Thomson to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
" And with unshackled industry, which will then hold, that it will be impossible to disproportion any thing.
The lodgments of gold with the bureau of production will not decrease the power of continually lodging more ; every ounce paid in being immediately issued by the Gov- 22 AN ESSAY ON PRODUCTION.
eminent, and re-obtained by the banks, who will keep sending it in to the bureau just as often as they have occasion for paper evidences of money, to meet, through their customers, the demand in t...he production of material substances. And it will be unprofitable to send it in faster than paper money is needed, as gold, in superabund- ance, in a nation, can be exported to a probable profit ; but money having no productive or material value WITHIN itself, and not being an article of merchandise, consequently bearing no profit, will be, in surplus, totally valueless as an investment.
The money under this law will never fluctuate in value it will rule all values. The degree of value in all fixed producing properties of the nation will depend upon the relative amount of money afloat.
What to read after An Essay On Production Money And Government in Which the Principle of a Natura?
You can find similar books in the "Read Also" column, or choose other free books by William Alexander Thomson to read onlineMoreLess
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