Modern monetary systems

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Monograph

Identifikator:: 1753210836

URN:: urn:nbn:de:zbw-retromon-128414

Document type:: Monograph

Author:: Nogaro, Bertrand http://d-nb.info/gnd/117039713

Title:: Modern monetary systems

Place of publication:: London

Publisher:: King

Year of publication:: 1927

Scope:: XII, 236 S.

Digitisation:: 2021

Collection:: Economics Books

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v INTRODUCTION consistent with the truths of economic science. Thus the first part of this book comprises an historical account of monetary systems and of their operation. In the second and third parts an attempt will be made to deduce the theoretical conclusions and to work out some of their implications in practice. AUTHOR’S NOTE Tue work of which this is the English translation appeared in French in the middle of 1924. Certain events have occurred since that date; some countries have emerged from the monetary crisis, and Great Britain, in particular, has completely re-established exchange stability. The reader is asked to remember this remark in reading the following chapters. It may be added, how- ever, not only that the theoretical part of the book needs no change, but that the results which have been obtained since it appeared are entirely in harmony with the author’s previous observations and with his practical conclusions; the restoration of the currency in Great Britain, and particularly in Belgium, has been carried out in strict conformity with the plan which he has sketched. 111

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