The Gold Supply And Prosperity
The book The Gold Supply And Prosperity was written by author Here you can read free online of The Gold Supply And Prosperity book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The Gold Supply And Prosperity a good or bad book?
Where can I read The Gold Supply And Prosperity for free?
In our eReader you can find the full English version of the book. Read The Gold Supply And Prosperity 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 The Gold Supply And Prosperity
In our eReader you can find the full English version of the book. Read The Gold Supply And Prosperity 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 The Gold Supply And Prosperity
What reading level is The Gold Supply And Prosperity book?
To quickly assess the difficulty of the text, read a short excerpt:
The effect of the gold production for twenty years to come begins to be felt as soon as the financial world is satisfied as to what that production is going to be, and the duty of the ounce of gold commences to di- minish the moment we can see how many more ounces there are to be at some future time to do that duty.
If the world is sure that in twenty years there will be twice as much gold as there is now to do the same duty, we shall get pretty nearly the full effect of the increase within ten... years and we begin to get the effect at once.
This is what is now happening. It is not so much the actual as the threatened increase that there has been of the stock of gold in the world that is sending prices skyward and demofalizing credits. Of course the increase in the production of gold must finally come to an end. The time will come when gold mining will be unprofitable and the world will turn its energies that are now devoted to gold mining to other things; but the change will of necessity come slowly.
What to read after The Gold Supply And Prosperity?
You can find similar books in the "Read Also" column, or choose other free books by Holt, Byron Webber, 1857- to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The effect of the gold production for twenty years to come begins to be felt as soon as the financial world is satisfied as to what that production is going to be, and the duty of the ounce of gold commences to di- minish the moment we can see how many more ounces there are to be at some future time to do that duty.
If the world is sure that in twenty years there will be twice as much gold as there is now to do the same duty, we shall get pretty nearly the full effect of the increase within ten... years and we begin to get the effect at once.
This is what is now happening. It is not so much the actual as the threatened increase that there has been of the stock of gold in the world that is sending prices skyward and demofalizing credits. Of course the increase in the production of gold must finally come to an end. The time will come when gold mining will be unprofitable and the world will turn its energies that are now devoted to gold mining to other things; but the change will of necessity come slowly.
What to read after The Gold Supply And Prosperity?
You can find similar books in the "Read Also" column, or choose other free books by Holt, Byron Webber, 1857- to read onlineMoreLess
Read book The Gold Supply And Prosperity for free
You can download books for free in various formats, such as epub, pdf, azw, mobi, txt and others on book networks site. Additionally, the entire text is available for online reading through our e-reader. Our site is not responsible for the performance of third-party products (sites).
Write Review:
Guest
Read Also
9 / 10
User Reviews: