Publisher's Synopsis
Currency and Credit is a book written by Ralph George Hawtrey in 1919. The book explores the relationship between currency and credit, and how the two interact to influence the economy. Hawtrey provides a detailed analysis of the role of currency and credit in the banking system, and how they affect the supply of money in the economy. He also discusses the various factors that affect the demand for money, including interest rates, inflation, and economic growth. The book provides a historical perspective on the development of currency and credit systems, and their impact on economic growth and stability. Hawtrey's analysis is based on his extensive experience as an economist and central banker, and his insights continue to be relevant to modern-day economists and policymakers. Overall, Currency and Credit is an important work that provides a comprehensive understanding of the role of currency and credit in the economy.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.