Currency and BankingH. S. King, 1876 - 176 páginas |
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Página 19
... sold for money . To get over the difficulty that a seller of goods might not want the other goods offered by the buyer was alone the true origin of money . It is very important to bear in mind that money does not determine value ; money ...
... sold for money . To get over the difficulty that a seller of goods might not want the other goods offered by the buyer was alone the true origin of money . It is very important to bear in mind that money does not determine value ; money ...
Página 20
... sold . A hat is the price of a sovereign , just as a sovereign is the price of a hat . But the answer we are in seach of will be found in the analysis of what is implied in an act of barter . What is the value of a coat to a tailor ...
... sold . A hat is the price of a sovereign , just as a sovereign is the price of a hat . But the answer we are in seach of will be found in the analysis of what is implied in an act of barter . What is the value of a coat to a tailor ...
Página 21
... sold falls . On the contrary , a rise in general prices indicates that gold has become cheaper , a larger quantity of it must be given for the same goods . There remains a question of supreme importance for a clear understanding of ...
... sold falls . On the contrary , a rise in general prices indicates that gold has become cheaper , a larger quantity of it must be given for the same goods . There remains a question of supreme importance for a clear understanding of ...
Página 30
... sold most . At times this difference is large , as when a bad harvest or famine urges on immediate and large purchases of food , and sufficient gold at the moment might be difficult to procure . But the machinery of modern commerce here ...
... sold most . At times this difference is large , as when a bad harvest or famine urges on immediate and large purchases of food , and sufficient gold at the moment might be difficult to procure . But the machinery of modern commerce here ...
Página 32
... sold more than she has bought ; she has a balance to receive in gold . An unfavourable exchange implies the reverse , that is , she is a debtor on that day's settle- ment . But the exchange will not rise above par beyond the cost of ...
... sold more than she has bought ; she has a balance to receive in gold . An unfavourable exchange implies the reverse , that is , she is a debtor on that day's settle- ment . But the exchange will not rise above par beyond the cost of ...
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Términos y frases comunes
Bank Charter Act Bank of England bank-notes Bank's banker BONAMY PRICE borrowers bought capital cash cheques and bills circulation coin commodity consumed convertible corn Cornhill Library creditor crisis Crown 8vo debtor debts demand Demy 8vo depositors doctrine English fact farmer Fcap fifteen millions France Frontispiece give gold Government Henry Illustrations inconvertible International Scientific Series Issue Department issuer King and Co.'s legal tender lend lent Library of Fiction LL.D loans LOMBARD STREET loss means ment metal money market nation notes obtain paid panic paper currency paper dollar payment Poems Portrait Post 8vo pound procure Prof Professor profit purchase quantity railway rate of discount receive reserve ROBIN GRAY Second Edition securities sell seller shillings Small crown 8vo sold sovereign Stoke Bishop Stopford Brooke suspension thing Third Edition tion tool of exchange trade Translated University of Erlangen vols Volume wealth word worth
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