1965 Primer on Money Banking Gold Peter Bernstein Paperback ACCEPTABLE Vintage

Description: Please be sure to have a look at photos and condition description before deciding to buy. This is a used book with some wear and tear, which we've tried to thoroughly catalog. If there are any questions we've failed to answer here, please feel free to reach out to us. The USPS is impacted by current conditions in the US. Please allow more time for your package to arrive -- beyond the USPS' or eBay's stated time window. This is especially true for customers on the East Coast, and in Alaska and Hawaii. Select expedited shipping at checkout for faster delivery. Featured here is the title, A Primer on Money, Banking, and Gold, by Peter L. Bernstein. Vintage Books, New York: 1965. 180 pages. Book Excerpt — Introduction: Baron Rothschild was once heard to say that he knew of only two men who really understood gold — an obscure clerk in the Bank of France and one of the directors of the bank of England. “Unfortunately,” he added, “they disagree.” Most people would share his sense of frustration on the subject. Disturbing questions about gold pursue us. Are we or are we not on the gold standard? Why have we been losing gold? Does the loss of gold mean that America is going broke? What does gold to do with money anyway? Where did Americans find enough money to write checks adding up to nearly four trillion dollars? Did the government print it all? If not, how did it get onto the books of the banks? Why do some people worry that we have too much money – how could anyone worry about too much money? But then we hear that others are concerned that we have too little; they want us to create more money. But how can we actually increase the supply of money? If we can do that, why aren’t we all rich? These are the questions with which this book is concerned, and we shall find that they are less difficult and complex than they appear. Furthermore, the informed citizen should, in any case, have a common sense understanding of these matters. Indeed, most of his trouble and understanding them results from the knowledge that he thinks he has, because so much of it bears a superficial resemblance to his experience in handling his own affairs. But the thing is to have it right, to recognize and understand the difference between our own individual checking accounts and the great national accounts that influence the swing of economic events. It is to this and that this primer is intended. Thanks for visiting, and have a beautiful day! shelf-8

Price: 14.88 USD

Location: San Francisco, California

End Time: 2024-12-13T00:42:04.000Z

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