Last edited by Fenrik
Thursday, August 6, 2020 | History

2 edition of An elastic currency found in the catalog.

An elastic currency

"George Smith"s money" in the early northwest. An address to the American Bankers" Association at Chicago, October 19, 1893

by White, Horace

  • 195 Want to read
  • 8 Currently reading

Published by Evening Post Job Printing House in New York .
Written in English

    Subjects:
  • Negotiable instruments,
  • Wisconsin Marine and Fire Insurance Company,
  • Currency question

  • Edition Notes

    Cover-title.

    StatementBy Horace White ...
    The Physical Object
    Pagination10 p.
    Number of Pages10
    ID Numbers
    Open LibraryOL25399225M
    OCLC/WorldCa27802933

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    The Treasury recently called for redemption $,, bonds carrying the privilege of currency issue. This marks the resumption, after the war, of the policy of substituting Federal Reserve. Books shelved as currency: Currency Wars: The Making of the Next Global Crisis by James Rickards, Digital Gold: Bitcoin and the Inside Story of the Misfi.

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An elastic currency by White, Horace Download PDF EPUB FB2

Elastic Currency Source: Encyclopedia of Banking & Finance (9h Edition) by Charles J Woelfel (We recommend this as work of authority.) Money which can be expanded or contracted according to commercial needs. ELASTICITY is one of the essential qualities of a good medium of exchange, and a sound currency system should provide this characteristic.

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In the United States the reformers have doubtless at times lost sight of the aims and objects of government in CHAP. striving after good government as an end in itself. Elastic money is a term that is used to identify changes in the availability of currency and coin as changes in the economy occur.

In many instances, the balances of checking and savings accounts are also understood to fall under the designation of elastic money.

Here is some background on the development of the term, and how it relates to the control of the money supply in various.

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You are required to repay a portion of your Balance each Billing Cycle, and if you have a Carried Balance of greater than $10, a Carried Balance Fee of $5 - $ will apply. "An Act to provide for the establishment of Federal reserve banks, to furnish an elastic currency." (N.B.: This phrase begins a groundbreaking and foundational Act which is in total only 27 pages long.) That means to print currency and expand credit when it.

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Blank Books Calendars & Planners Book Accessories and the currency you use. The Fed gives its elastic currency mandate a stretch. American Banker. Economics Monetary Economics. Alex J. Pollock. December 1, (in a book with the prophetic title of. The Federal Reserve Act of shifted the responsibility of managing the national currency of the USA over to a private organization.

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is your online fabric store for generous cut fabric by the yard. the bank.' Thus the currency expands to meet the needs of business pari passu with loans and discounts. If these are expanded to meet the larger needs of business without producing any considerable in-flation, they may be said to be quite elastic, and the currency will be elastic, too-barring panic-bank note legislation willy-nilly.

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Additional Physical Format: Print version: Taylor, F.M. (Fred Manville), Do we want an elastic currency?. [Ann Arbor, ] (DLC) An elastic currency. "George Smith's money" in the early northwest. An address to the American Bankers' Association at Chicago, Octo   Textbooks are very elastic.

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