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Paperback The National Currency and the Necessity of a Substitute Therefor, If We Would Resume Specie Payments... Book

ISBN: 1279421827

ISBN13: 9781279421826

The National Currency and the Necessity of a Substitute Therefor, If We Would Resume Specie Payments...

In "The National Currency And The Necessity Of A Substitute Therefor, If We Would Resume Specie Payments," George Francis Wilson delves into the intricate relationship between national currency and the feasibility of returning to specie payments-a system where currency is convertible into gold or silver. This historical analysis offers insights into the economic challenges and debates surrounding monetary policy in the United States. Wilson meticulously examines the necessity of a viable substitute for the national currency to facilitate a smooth transition back to specie payments, providing a valuable perspective on the complexities of financial reform. This book is an essential read for those interested in understanding the historical context of monetary policy and its impact on economic stability.

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