An Honest Dollar
An Honest Dollar
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In our eReader you can find the full English version of the book. Read An Honest Dollar Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book An Honest Dollar
What reading level is An Honest Dollar book?
To quickly assess the difficulty of the text, read a short excerpt:
(2) If it will, what are the causes of the change, facts connected more with the gold, or facts connected more with com rnodities? And (3) pro- vided gold has increased in value per grain, what harm, if any, has this done? These are very important problems.
Answer to the first is . obtained by defining terms.
In these, as they touch this discussion, the utmost looseness prevails. For instance, nothing is commoner than to hear a reasoner admitting that general prices have indeed fallen, but decl...aring that the fall has been caused by the cheapening of commodities, not by any appreciation in gold. This is a contradiction. If gen- eral (gold) prices have fallen, gold has risen, appreciated.
A fall of general prices is nothing else but an elevation in the value of the money in which they are appraised, and this is equally true whatever the cause of the change. Suppose the new relation between gold and goods to have grown solely out of the lessened cost of goods, it is none the less a fact that gold has appreci- ated, for the appreciation of gold means simply that a given weight of it will buy more wheat, meat, cloth- ing, etc., than it would some time ago.
What to read after An Honest Dollar?
You can find similar books in the "Read Also" column, or choose other free books by Andrews Elisha Benjamin to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
(2) If it will, what are the causes of the change, facts connected more with the gold, or facts connected more with com rnodities? And (3) pro- vided gold has increased in value per grain, what harm, if any, has this done? These are very important problems.
Answer to the first is . obtained by defining terms.
In these, as they touch this discussion, the utmost looseness prevails. For instance, nothing is commoner than to hear a reasoner admitting that general prices have indeed fallen, but decl...aring that the fall has been caused by the cheapening of commodities, not by any appreciation in gold. This is a contradiction. If gen- eral (gold) prices have fallen, gold has risen, appreciated.
A fall of general prices is nothing else but an elevation in the value of the money in which they are appraised, and this is equally true whatever the cause of the change. Suppose the new relation between gold and goods to have grown solely out of the lessened cost of goods, it is none the less a fact that gold has appreci- ated, for the appreciation of gold means simply that a given weight of it will buy more wheat, meat, cloth- ing, etc., than it would some time ago.
What to read after An Honest Dollar?
You can find similar books in the "Read Also" column, or choose other free books by Andrews Elisha Benjamin to read onlineMoreLess
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