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

by David Ricardo (Author)

""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 and that it was necessary to return to a gold standard in order to stabilize the currency. The book was influential in shaping economic policy in England during the 19th century and is still studied by economists today.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.