Joseph Massie On the Natural Rate of Interest 1750
Joseph Massie On the Natural Rate of Interest 1750
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9d.^ prr Quarter.
And tlie price of it at Bear Key for twenty years last past, has been at a Medium rather less than 1 I. 8s. %d. Per Quarter, These being the prices of Wheat for the several || Intervals 43 of time beforementioned, we have from them the proportions which the Quantity of current Money in the Nation has borne to the Trade of it, fl7-i rl444->| ri460^ 20 ! 1646 1665 ForJ 20 l^Years fromJ loge UoJ iggS )- 20 1686 1705 UoJ ll720J Ll748J How far the Eate of Interest at these several ...Intervals has agreed with Mr. Locke's rule, will be very obvious from the fol- lowing Table; wherein I have inserted the legal Eate of In- terest, and also the natural Kate of it, which I have supposed to be one per Cent, lower as, it seems impossible to fix it exactly; for even at present, there is so much difference be- tween the Eates of Interest paid by private People ; and there may probably in Times past be Instances of greater differences, but it is reasonable to think they are equalled by Numbers, having paid the legal Eate, (I mean by Agreement, and not by the Force of Law, ) so that if we take it in general, one per Cent.
What to read after Joseph Massie On the Natural Rate of Interest 1750?
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To quickly assess the difficulty of the text, read a short excerpt:
9d.^ prr Quarter.
And tlie price of it at Bear Key for twenty years last past, has been at a Medium rather less than 1 I. 8s. %d. Per Quarter, These being the prices of Wheat for the several || Intervals 43 of time beforementioned, we have from them the proportions which the Quantity of current Money in the Nation has borne to the Trade of it, fl7-i rl444->| ri460^ 20 ! 1646 1665 ForJ 20 l^Years fromJ loge UoJ iggS )- 20 1686 1705 UoJ ll720J Ll748J How far the Eate of Interest at these several ...Intervals has agreed with Mr. Locke's rule, will be very obvious from the fol- lowing Table; wherein I have inserted the legal Eate of In- terest, and also the natural Kate of it, which I have supposed to be one per Cent, lower as, it seems impossible to fix it exactly; for even at present, there is so much difference be- tween the Eates of Interest paid by private People ; and there may probably in Times past be Instances of greater differences, but it is reasonable to think they are equalled by Numbers, having paid the legal Eate, (I mean by Agreement, and not by the Force of Law, ) so that if we take it in general, one per Cent.
What to read after Joseph Massie On the Natural Rate of Interest 1750?
You can find similar books in the "Read Also" column, or choose other free books by J Joseph Massie to read onlineMoreLess
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