Robinson Crusoes Money Or the Remarkable Financial Fortunes And Misfortunes O
Robinson Crusoes Money Or the Remarkable Financial Fortunes And Misfortunes O
David Ames Wells
The book Robinson Crusoes Money Or the Remarkable Financial Fortunes And Misfortunes O was written by author David Ames Wells Here you can read free online of Robinson Crusoes Money Or the Remarkable Financial Fortunes And Misfortunes O book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Robinson Crusoes Money Or the Remarkable Financial Fortunes And Misfortunes O a good or bad book?
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With a view of obtaining such an illustration, application was made some months since to an eminent American mer- chant, whose large and varied experience abundantly qualified him to discuss the subject ; and the result of the application may be thus stated : Q. In buying in gold and selling in currency, what addition do yon make to your selling price, in the way of insurance, that the currency re- 68 BOBINSON CRUSOWS MONEY. betting and insurance was rarely loss, and so constantly profit, that ...some dealers after a while came to regard the obtaining ceived ■will be sufficieut — plus profit, interest, etc. — to replace or buy back the gold represented by the original purchase ? A. We do but very little of that now; hardly enough to speak about. Q. But still you make insurance against currency fluctuations an item in your business to be regarded to some extent ? A. Why, yes, certainly ; it won't do to overlook it entirely. Q. Well, then, if you have no objections, please tell me what you do allow under existing circumstances ?
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