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Paperback Resumption Of Specie Payments: And The Dangers Which Threaten Modern Civilization (1868) Book

ISBN: 1166291863

ISBN13: 9781166291860

Resumption Of Specie Payments: And The Dangers Which Threaten Modern Civilization (1868)

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Format: Paperback

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Book Overview

Resumption Of Specie Payments: And The Dangers Which Threaten Modern Civilization is a book written by Amedee H. Simonin in 1868. The book discusses the resumption of specie payments, which refers to the practice of redeeming paper currency for gold or silver. The author argues that the failure to resume specie payments poses a threat to modern civilization, as it can lead to economic instability and inflation. Simonin provides historical context for the issue, tracing the evolution of paper currency and the role of gold and silver in monetary systems. He also examines contemporary debates around resumption and the various proposals put forward for achieving it. The book is written in a scholarly style and includes extensive footnotes and references. It is aimed at economists, policymakers, and anyone interested in the history and workings of monetary systems. Despite its age, the book remains relevant today, as debates around the role of gold and the stability of currency continue to be important topics 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.

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