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Bi-Metallism: A Lecture (1879) is a book written by Hugh McCulloch that discusses the concept of bi-metallism, which is the use of two metals, usually gold and silver, as the basis for a monetary system. In this lecture, McCulloch argues that bi-metallism is a flawed system that can lead to economic instability and inflation. He provides historical examples of countries that have attempted bi-metallism and the negative consequences that resulted. McCulloch also discusses the role of the government in regulating the monetary system and the importance of maintaining a stable currency. This book is a valuable resource for those interested in the history of monetary policy and the debate over bi-metallism in the late 19th century.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.
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Bi-Metallism: A Lecture (1879) is a book written by Hugh McCulloch that discusses the concept of bi-metallism, which is the use of two metals, usually gold and silver, as the basis for a monetary system. In this lecture, McCulloch argues that bi-metallism is a flawed system that can lead to economic instability and inflation. He provides historical examples of countries that have attempted bi-metallism and the negative consequences that resulted. McCulloch also discusses the role of the government in regulating the monetary system and the importance of maintaining a stable currency. This book is a valuable resource for those interested in the history of monetary policy and the debate over bi-metallism in the late 19th century.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.