Social Wrongs And State Responsibilities
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332 per cent 1768 to 1907 Various 139 yrs.
451 per cent 1790 to 1907 Various 117 yrs.
394 per cent 1790 to 1860 Various 70 yrs.
130 per cent 1790 to 1891 Various 101 yrs.
287 per cent 1839 to 1889 Cotton Spinning 50 yrs.
103 per cent 1840 to 1891 Various 51 yrs.
88 per cent 1860 to 1905 Various 45 yrs.
80 per cent 1897 to 1907 Various 10 yrs.
30 per cent 1890 to 1907 Various 17 yrs.
28 per cent The Depreciation of Gold 109 From an analysis of the table of comparisons, it appears that nearly all... of the decline in the cost of gold production occurred within the last one hundred and fifty years, and that prior to that time wages remained practically on a level.
We are probably quite safe in saying that, to-day, gold is worth one-sixth of what it was two or three hundred years ago. The deprecia- tion within the past three decades has been very great, and is going on probably at a rate of two per cent a year. The gold dollar of fifty years ago fs worth only about fifty cents to-day, and in another fifty years will be worth only twenty-five cents if we persist in using the gold basis.
What to read after Social Wrongs And State Responsibilities?
You can find similar books in the "Read Also" column, or choose other free books by William Jandus to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
332 per cent 1768 to 1907 Various 139 yrs.
451 per cent 1790 to 1907 Various 117 yrs.
394 per cent 1790 to 1860 Various 70 yrs.
130 per cent 1790 to 1891 Various 101 yrs.
287 per cent 1839 to 1889 Cotton Spinning 50 yrs.
103 per cent 1840 to 1891 Various 51 yrs.
88 per cent 1860 to 1905 Various 45 yrs.
80 per cent 1897 to 1907 Various 10 yrs.
30 per cent 1890 to 1907 Various 17 yrs.
28 per cent The Depreciation of Gold 109 From an analysis of the table of comparisons, it appears that nearly all... of the decline in the cost of gold production occurred within the last one hundred and fifty years, and that prior to that time wages remained practically on a level.
We are probably quite safe in saying that, to-day, gold is worth one-sixth of what it was two or three hundred years ago. The deprecia- tion within the past three decades has been very great, and is going on probably at a rate of two per cent a year. The gold dollar of fifty years ago fs worth only about fifty cents to-day, and in another fifty years will be worth only twenty-five cents if we persist in using the gold basis.
What to read after Social Wrongs And State Responsibilities?
You can find similar books in the "Read Also" column, or choose other free books by William Jandus to read onlineMoreLess
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