Titlebook: Currency Convertibility; Return to Sound Mone Patrick Collins Book 1985 Palgrave Macmillan, a division of Macmillan Publishers Limited 1985

savage

犬儒主義者

Visual-Field

The Origins of Money and of the Principle of Currency Convertibility,nded as a detailed account either of the history of monetary systems, or of their workings. Its purpose is to describe briefly the principles according to which the value of money has been controlled in the past. The treatment of other aspects is consequently limited to passing comments.

exacerbate

Various Proposals for the Resumption of Currency Convertibility,ccessful record of the system of directly guaranteeing the convertibility of currency into specified commodities, and the support that this policy has received from leading economists for more than two centuries. We are therefore led to consider the question of what is the best form in which currenc

結(jié)合

處理

Inordinate

Monetary Effects,rrency into specified commodities through standing ready to exchange bank balances for commodities on specified terms, and . would have a number of monetary effects. These effects can be conveniently considered under three headings:

丑惡

International Economic Effects,basic commodities which the country in question imported. Consequently the functioning of the Commodities Reserve Department of a country’s Central Bank would have a direct effect on the country’s foreign trade. The functioning of one or more CRDs would thus have a range of effects on the internatio

placebo

The Grondona System Considered in Different Economic Contexts,ber of serious difficulties. These can be considered from several different viewpoints. It is illuminating to consider the position of Grondona’s proposal in these different contexts, as well as in relation to some other miscellaneous questions.

Adulterate