American Quarterly Review, Том 8Robert Walsh Carey, Lea & Carey, 1830 |
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Страница 496
... gold coins are thus under- rated , they will be exported , whenever the exchange rises above $ 4.61 to $ 4.64 per pound sterling ; and that , if rated according to the true or approximate relative value of gold to silver , they would ...
... gold coins are thus under- rated , they will be exported , whenever the exchange rises above $ 4.61 to $ 4.64 per pound sterling ; and that , if rated according to the true or approximate relative value of gold to silver , they would ...
Страница 497
... gold and silver , as either may either rise or fall , as compared to the value of all other commodities . Sup- posing a country where silver is made the only legal tender , it is clear that in two of those contingencies , namely , if ...
... gold and silver , as either may either rise or fall , as compared to the value of all other commodities . Sup- posing a country where silver is made the only legal tender , it is clear that in two of those contingencies , namely , if ...
Страница 498
... gold or silver for the purpose of currency was to cease altogether , it would have an effect on the market price of the metal excluded : but a govern- ment , which uses both as currency , cannot affect their perma- nent relative value ...
... gold or silver for the purpose of currency was to cease altogether , it would have an effect on the market price of the metal excluded : but a govern- ment , which uses both as currency , cannot affect their perma- nent relative value ...
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