An Essay On the Resumption of Specie Payments Compared With An Irredeemable Pap
An Essay On the Resumption of Specie Payments Compared With An Irredeemable Pap
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In our eReader you can find the full English version of the book. Read An Essay On the Resumption of Specie Payments Compared With An Irredeemable Pap 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 the Resumption of Specie Payments Compared With An Irredeemable Pap
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, while others are fixed for long periods of time, as leases, contracts, salaries, commissions, transportation, etc. , etc. It is a very common and a very grave error, to suppose that contraction and expansion of the currency, affect all prices and costs in like manner, degree and simultaneously. Some are affected primarily, immediately and intensely; others, secondarily, tertiarily, or more remotely, and in a degree modified by their proximity or remoteness in the chain of cause and effect to ...or from the principal operative cause.
If the decline of the gold rate fifteen per cent. Be grad- ual, and distributed over a period of two or three years, it may be borne with a fair degree of prosperity. Though the anticipated profits fail to be realized, something will be gained; and business will continue to move in its accus- tomed channels, though not with its accustomed alertness and buoyancy; but if a similar permanent decline occur in a single year, its depressing effects could not fail to be ser- ious and embarrassing.
What to read after An Essay On the Resumption of Specie Payments Compared With An Irredeemable Pap?
You can find similar books in the "Read Also" column, or choose other free books by S Cooper to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
, while others are fixed for long periods of time, as leases, contracts, salaries, commissions, transportation, etc. , etc. It is a very common and a very grave error, to suppose that contraction and expansion of the currency, affect all prices and costs in like manner, degree and simultaneously. Some are affected primarily, immediately and intensely; others, secondarily, tertiarily, or more remotely, and in a degree modified by their proximity or remoteness in the chain of cause and effect to ...or from the principal operative cause.
If the decline of the gold rate fifteen per cent. Be grad- ual, and distributed over a period of two or three years, it may be borne with a fair degree of prosperity. Though the anticipated profits fail to be realized, something will be gained; and business will continue to move in its accus- tomed channels, though not with its accustomed alertness and buoyancy; but if a similar permanent decline occur in a single year, its depressing effects could not fail to be ser- ious and embarrassing.
What to read after An Essay On the Resumption of Specie Payments Compared With An Irredeemable Pap?
You can find similar books in the "Read Also" column, or choose other free books by S Cooper to read onlineMoreLess
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