Appreciation And Interest

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This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book. ++++ The below data was compiled from various identification fields in the bibliographic record of this title. This data is provided as an additional tool in helping to ensure edition identification: ++++ Appreciation And Interest: A Study Of The Influence Of Monetary Appreciation And Depreciation On The Rate Of Interest With Applications To The Bimetallic Controversy And The Theory Of Interest; Publications Of The American Economic Association Irving Fisher Pub. for the American economic association by the Macmillan company, 1896 Business & Economics; Money & Monetary Policy; Bimetallism; Business & Economics / Money & Monetary Policy; Interest; Usury

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Excerpt from Appreciation and Interest: A Study of the Influence of Monetary Appreciation and Depreciation on the Rate of Interest, With Applications to the Bimetallic Controversy and the Theory of Interest The chief issues in the bimetallic controversy center about the question of justice between debtor and creditor. The bimetallic propaganda succeeds just so far as it Spreads a belief that an injustice has been done by the adoption of the gold standard, which the re adoption Of bimetallism would correct. The question therefore arises, does the appreciation of gold necessarily aggravate det? Are contracting parties powerless to forestall the gains or losses of an upward or downward moving Currency It is clear that if the unit of length were changed and its change were foreknown, contracts would be modified accordingly. Suppose a yard were defined (as once it probably was) to be the length of the king's girdle, and suppose the king to be a child. Everybody would then know that the yard would increase with age and a merchant who should agree to deliver yards ten years hence, would make his terms correspond to his expectations. TO alter the mode of measurement does not alter the actual quantities involved -but merely the numbers by which they are represented. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.