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Wages, Fixed Incomes, and the Free Coinage of Silver: Or The Danger Involved in the Free Coinage of Silver at the Ratio of Sixteen to One is a book written by Isaac Roberts and published in 1896. The book discusses the potential dangers of free coinage of silver at a ratio of sixteen to one, particularly for those with fixed incomes such as wage earners and retirees. Roberts argues that such a policy would lead to inflation and a decrease in the purchasing power of money, which would disproportionately harm those with fixed incomes. The book also explores the historical context of the silver…mehr

Produktbeschreibung
Wages, Fixed Incomes, and the Free Coinage of Silver: Or The Danger Involved in the Free Coinage of Silver at the Ratio of Sixteen to One is a book written by Isaac Roberts and published in 1896. The book discusses the potential dangers of free coinage of silver at a ratio of sixteen to one, particularly for those with fixed incomes such as wage earners and retirees. Roberts argues that such a policy would lead to inflation and a decrease in the purchasing power of money, which would disproportionately harm those with fixed incomes. The book also explores the historical context of the silver debate and the arguments for and against free coinage. Overall, Wages, Fixed Incomes, and the Free Coinage of Silver provides a detailed analysis of the potential economic consequences of the free coinage of silver and its impact on various segments of society.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.