Publisher's Synopsis
The Causes And Consequences Of The Pressure Upon The Money Market: With A Statement Of The Action Of The Bank Of England (1837) is a book written by John Horsley Palmer. This book is an analysis of the financial crisis that occurred in England during the 1830s, which led to a severe economic recession. The author provides an in-depth explanation of the causes of the crisis and the actions taken by the Bank of England to address it. The book begins by discussing the economic conditions in England leading up to the crisis, including the expansion of credit and the increase in speculation. The author then goes on to describe the events that led to the crisis, including the failure of several banks and the subsequent panic in the financial markets. Palmer also provides a detailed account of the actions taken by the Bank of England in response to the crisis, including the use of monetary policy tools such as interest rate adjustments and the issuance of bank notes. The author argues that the Bank of England's actions were critical in stabilizing the financial system and preventing a complete collapse of the economy. Overall, The Causes And Consequences Of The Pressure Upon The Money Market: With A Statement Of The Action Of The Bank Of England (1837) is a valuable historical account of a significant financial crisis in England. It provides insights into the causes of economic recessions and the role of central banks in mitigating their impact.From October 1, 1833 To December 27, 1836.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.