Buy Money and Trade Considered; With a Proposal for Supplying the Nation with Money. First Published at Edinburgh 1705
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Home > Money and Trade Considered; With a Proposal for Supplying the Nation with Money. First Published at Edinburgh 1705
Money and Trade Considered; With a Proposal for Supplying the Nation with Money. First Published at Edinburgh 1705

Money and Trade Considered; With a Proposal for Supplying the Nation with Money. First Published at Edinburgh 1705


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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1750 edition. Excerpt: ...cases goods are said to be dearer, or cheaper; but 'tis silver or money is dearer or cheaper, being more or less valuable, and equal to a greater or lesser quantity of goods. Perishable goods as corns, &e. increase or decrease in quantity as the demand for them increases or decreases; so their value continues e.qual or near the same. More durable goods as mettals, materials for shipping, &e. increase in quantity beyond the'demand for them, so are less valuable. Silver or money increases in quantity by so much as is imported to Europe, more than is consumed or ex ' ported. the demand has encreased, but not in proportion to the quantity; sor, Ist. the same'quantity of silver or money, won't purchase the same quantity of goods as before. 2dly. IO per cent was payed1 sor the use ofit; now 'tis to be had at 6, in Holland at 3 or 4. An ounce of silver being worth 5 sh. and 2 pence, and a crown worth 60 pence, unless altered by the prince, makes most people insensible of any change in the value of silver or money: butas one year the bollof barley is sold for 2 crowns, and the year after sor 3; this difference comes from a change in the greater quantity of money, so the flaeep are dearer. So tho' the magistrate did never alter the money, yet 'tis liable toa change in its value as silver; from. any change in its quantity, or in the demand for it: and the receiver is doubly uncertain whether the money he receives or contracts for, will, when he has occasion, buy him the same goods he has sold, or other goods equal in 'value to them;because of the difference may happen in the value of the money, or the goods he is to buy. And this uncertainty is, tho' both money and goods were certain in their quality.. The difference of-the prices of most...


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Product Details
  • ISBN-13: 9781234370428
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 24
  • Spine Width: 1 mm
  • Width: 189 mm
  • ISBN-10: 1234370425
  • Publisher Date: 22 Jan 2013
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 64 gr


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Money and Trade Considered; With a Proposal for Supplying the Nation with Money. First Published at Edinburgh 1705
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Money and Trade Considered; With a Proposal for Supplying the Nation with Money. First Published at Edinburgh 1705
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