The Science of Money (Classic Reprint)

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Excerpt from The Science of MoneyThat, toward the close of the eighteenth century, the scarcity of money (at the customary levels of prices in each country) was marked by the use of clipped coins of ante revolutionary and of inconvertible notes of revolutionary date that this scarcity was intensified by the Spanish American revolutions of 1810 and the closure of the mines of Mexico and South America, and that these events gave rise to that great extension of convertible bank paper notes which marked the era of 1797-1821.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis 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.