A History of Money: From AD 800 by John F Chown, Forrest Capie

March 9, 2017 | Money Monetary Policy | By admin | 0 Comments

By John F Chown, Forrest Capie

This booklet provides an in depth and incredible background of cash from Charlemagne's reform in nearly AD800 to the top of the Silver Wars in 1896. It additionally summarizes 20th century advancements and areas them of their old context.

Show description

Read or Download A History of Money: From AD 800 PDF

Best money & monetary policy books

What Money Really Means

An exploration of the that means and value of cash within the twenty first century, through "CBS MarketWatch" columnist Thomas Kostigen. utilizing candid interviews with favorite fiscal, monetary and religious leaders, American households, legal inmates, welfare moms and lottery winners to demonstrate his observations, he investigates how cash is made, bought and wanted in latest society and seeks to spot its price past its advertisement and fiscal which means.

Asset Prices, Booms and Recessions: Financial Market, Economic Activity and the Macroeconomy

The booklet reports the interplay of the monetary marketplace, financial task and the macroeconomy from a dynamic standpoint. The monetary marketplace to be studied the following encompasses the cash and bond marketplace, credits marketplace, inventory marketplace and foreign currency echange industry. financial job is defined via the task of organisations, banks, families, governments and international locations.

Quantitative Easing As A Highway to Hyperinflation

This publication addresses the topical factor of even if the present atmosphere within the US and different significant international locations, the place quantitative easing is used to spice up the economic system, is conducive to hyperinflation. it is a arguable and hugely debated factor. utilizing either economics and background, the writer challenged the view that quantitative easing won't result in hyperinflation, and argued that hyperinflation, or at the least excessive inflation, is probably going to seem finally.

Extra resources for A History of Money: From AD 800

Sample text

In 1556–8 substantial quantities of English base silver were reminted on government account into Irish coinage. No mint accounts survive from that period (Gould 1970:67). The stages of the Debasement The Appendix to this chapter reconciles the information with modern numismatic usage and includes some key statistical information. 2 shows, for the various coinages, the weight and fineness of the silver coins, and the face value of coins actually struck from one pound of pure silver: the mint equivalent.

It eventually became, in the Germanic countries, the gulden. Many of these became debased, and there was an interesting language switch. As the Venetian ducat was never debased, the term ducat became synonymous with a sound coin, while the term florin implied a debased one. Although the Florentine original was never itself debased or devalued, its image suffered from the ‘devaluation’ abroad of its original name: it, too, became known as a ducat. England Unlike the rest of Europe, England entered the new age with a sound, undebased coinage.

The first European gold coin, the Augustale, was struck by Frederick II of Brindisi in 1231, but serious gold coinage really begins in 1252, when the city state of Florence began to strike the hugely successful ‘Fiorino’ or florin. The initiative was quickly followed, or, Robert Lopez (1986) would argue preceded, by Genoa, and the idea quickly spread across Europe. The development of a coinage suited to the needs of trade created its own problems. Two of the concepts discussed in Chapter 2, seigniorage and debasement had their roots in the simple mono-metallic coinage of Chapter 3.

Download PDF sample

Rated 4.11 of 5 – based on 47 votes