quinta-feira, 2 de julho de 2009

Currency Principle

Hi!
A new article is posted on SayEconomy.com. The title of it is 'Currency
Principle'

Currency principle is concerned with the metallist belief that the money supply
or currency in circulation should be strictly related to the amount of gold
deposited with the Bank of England. If this money supply were controlled,
monetary stability would follow.

The Bank Acts of 1844 and 1845 embodied currency principle and helped establish
the framework [...]

You can read the article by clicking here:
http://www.sayeconomy.com/currency-principle/

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SayEconomy.com

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