Publisher's Synopsis
This 19th-century work examines the financial history of Great Britain. In particular, it looks at the nation's use of paper credit, a practice characterized by printing paper notes without corresponding gold backing. Through investigative analysis and historical context, author John Broughton seeks to understand the nature of paper credit and its effects on Britain's economy and larger financial system.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it.
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