Inflated Bank Credit As A Substitute For Current Money Of The Realm (1875)

by Henry Carey Baird

Book Overview

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...

• Format: Paperback
• Language: English
• ISBN: 1166902145
• ISBN13: 9781166902148
• Release Date: September 2010
• Publisher: Kessinger Publishing
• Length: 24 Pages
• Weight: 0.23 lbs.
• Dimensions: 0.1" x 8.5" x 11.0"