Money and the Mechanism of ExchangeH.S. King & Company, 1876 - 349 páginas |
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Página 7
... kind , has hardly yet been extinguished in some parts of Eng- land . Pieces of land are occasionally exchanged by adjoining landowners ; but all these are comparatively trifling cases . In almost all acts of exchange money now ...
... kind , has hardly yet been extinguished in some parts of Eng- land . Pieces of land are occasionally exchanged by adjoining landowners ; but all these are comparatively trifling cases . In almost all acts of exchange money now ...
Página 14
... kind of commodity . If corn be borrowed , corn might be paid back , with interest in corn ; but the lender will often not wish to have things returned to him at an uncertain time , when he does not much need them , or when their value ...
... kind of commodity . If corn be borrowed , corn might be paid back , with interest in corn ; but the lender will often not wish to have things returned to him at an uncertain time , when he does not much need them , or when their value ...
Página 19
... kind of mer- chandise has the two properties of measuring value and transferring value . It is entirely a question of degree what commodities will in any given state of society form the most convenient currency , and this truth will be ...
... kind of mer- chandise has the two properties of measuring value and transferring value . It is entirely a question of degree what commodities will in any given state of society form the most convenient currency , and this truth will be ...
Página 21
... kind of property . They are easily trans- ferable , convey themselves about , and can be kept for many years , so that they readily perform some of the functions of money . We have abundance of evidence , traditional , written , and ...
... kind of property . They are easily trans- ferable , convey themselves about , and can be kept for many years , so that they readily perform some of the functions of money . We have abundance of evidence , traditional , written , and ...
Página 22
... kind of cattle or domesticated animal . It is generally allowed that pecunia , the Latin word for money , is derived from pecus , cattle . From the Agamem- non of Eschylus we learn that the figure of an ox was the sign first impressed ...
... kind of cattle or domesticated animal . It is generally allowed that pecunia , the Latin word for money , is derived from pecus , cattle . From the Agamem- non of Eschylus we learn that the figure of an ox was the sign first impressed ...
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Términos y frases comunes
adopted alloy amount arise average balance Bank of England bank-notes bankers barter bills Branch Bank bronze bullion cash cent centimes CHAPTER cheque and clearing Cheque Bank circulation Clearing House clearing system coinage commodities convenient copper Crown 8vo debt decimal demand Demy 8vo deposit depreciated dollar double standard employed English exactly Fcap foreign France French German gold and silver gold coins grains grams Gresham's Law inconveniences interest issued kind legal tender London London Clearing House Manchester measure of value medium of exchange ment merchants metallic currency metallic money metallic value method money of account nations paid paper money payment pence penny person Post 8vo pound pound sterling principal profit quantity ratio receive representative money reserve Second Edition seignorage shilling silver coin sovereign standard of value tion token token coins token money trade transactions unit of value vols weight Wolowski
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