The Passing Of Gold
Or What Is Lawful Money (1908)
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""The Passing of Gold: Or What Is Lawful Money"" is a book written by Albert Talmon Morgan in 1908. The book explores the history of money and the role of gold in currency. Morgan argues that gold is no longer a suitable basis for currency due to the growth of the economy and the need for a more flexible monetary system. He suggests that the government should issue paper money based on the credit of the country, rather than relying on gold reserves. Morgan also discusses the impact of the gold standard on international trade and argues that a more flexible monetary system would benefit both do...
""The Passing of Gold: Or What Is Lawful Money"" is a book written by Albert Talmon Morgan in 1908. The book explores the history of money and the role of gold in currency. Morgan argues that gold is no longer a suitable basis for currency due to the growth of the economy and the need for a more flexible monetary system. He suggests that the government should issue paper money based on the credit of the country, rather than relying on gold reserves. Morgan also discusses the impact of the gold standard on international trade and argues that a more flexible monetary system would benefit both domestic and international economies. Overall, ""The Passing of Gold"" is a thought-provoking analysis of the monetary system and the role of gold in modern finance.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.
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