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Paperback The High Price Of Bullion: A Proof Of The Depreciation Of Bank Notes (1810) Book

ISBN: 1165748266

ISBN13: 9781165748266

The High Price Of Bullion: A Proof Of The Depreciation Of Bank Notes (1810)

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Format: Paperback

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Book Overview

""The High Price of Bullion: A Proof of the Depreciation of Bank Notes"" is a book written by economist David Ricardo in 1810. The book argues that the high price of gold bullion in England was caused by the depreciation of bank notes. Ricardo believed that the Bank of England was issuing too many bank notes, which led to inflation and a decrease in the value of the currency. He also argued that the high price of bullion was a symptom of this inflation...

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