Inflated Bank Credit As A Substitute For Current Money Of The Realm (1875) - Henry Carey Baird - Bog

Inflated Bank Credit As A Substitute For Current Money Of The Realm is a book written by Henry Carey Baird in 1875. The book discusses the concept of bank credit as a substitute for actual currency in circulation. Baird argues that banks have the power to create credit out of thin air, which can be used as a substitute for actual money. He further explains how this system of inflated bank credit can lead to economic instability and inflation. Baird presents his ideas in a clear and concise manner, making the book accessible to readers with a basic understanding of economics. The book is a valuable resource for anyone interested in the history of monetary policy and the role of banks in the economy.The Way To Pay Debts Without Moneys And To Make The Rich Richer And The Poor Poorer.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.