Publisher's Synopsis
Money And Its Vicissitudes In Value: As They Affect National Industry And Pecuniary Contracts, With A Postscript On Joint-Stock Banks is a book written by Samuel Bailey in 1837. The book discusses the concept of money and its fluctuating value, and how it affects the national industry and financial contracts. The author delves into the historical background of money and its evolution, along with the factors that influence its value. The book also discusses the impact of currency fluctuations on international trade and the economy.Bailey examines the role of banks in the economy, particularly joint-stock banks, which were a new concept at the time. He explores the advantages and disadvantages of these banks and how they can contribute to the stability of the financial system. The book also touches on the impact of inflation and deflation on the economy and how they affect the purchasing power of money.Overall, Money And Its Vicissitudes In Value is a comprehensive analysis of the concept of money and its impact on the economy. It provides valuable insights into the historical background of money and its evolution, as well as its role in shaping the financial system. The book is a must-read for anyone interested in economics and finance.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.
